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lecturer finance at institute of business studies kohart university of science and technology the title of this course is intermediate accounting and the course code for this subject is bs 363 this is lecture number 12 and the topic for todays discussion is debentures and its classifications the outline of this lecture comprises of the forming phenomena or topics which is to express that after listening to this lecture student will be acquainted and knowledgeable about the following topics and will have a complete grip on the explanation of each the first agenda will be the definition of debenture that is to know what is debenture all about the second agenda will be to discuss the classification of debentures which is four-fold it means we can classify debenture with respect to these four main points that is security point of view number first we can bifurcate or divide or classify the debenture with respect to the redemption we can also classify ing to the records point of view and t
