Easily Hide Mandatory Field from the Collateral Debenture

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How to Hide Mandatory Field from the Collateral Debenture

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hi in this video we will solve example sums on the topic of issue of debentures as collateral security we will discuss both the methods of treatment so lets go to the example some example some essing limited obtained a loan of rupees 5 lakh from state bank of india at 10 interest the company issued rupees seven lakh fifty thousand ten percent debentures of rupees hundred each in favor of state bank of india as collateral security we are asked to pass the necessary journal entries and also depict the balance sheet in each of the following cases the first case when the company decided not to record the issue of 10 percent debentures as collateral security and the second case is when the company decided to record the issue of 10 percent debentures as collateral security so now we understand that for case 1 we need to follow the first method and in the case of the second one the second case we need to follow method two well begin with case one where we will follow the first method well

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What should be the entry on issue of debentures as collateral security?

On the issue of debentures as collateral security, Debentures A/c is credited.

Is a debenture the same as a secured loan?

The security offered by the company determines the name of the investment. Debentures if tangible property (real estate, land, equipment, for example) is offered as security. Secured notes if a first ranking debt over other property is offered as security. Unsecured notes no security offered.

What is an example of a debenture?

A debenture is essentially a long-term loan that a corporate or government raises from the public for capital requirements. For example, a government raising funds to construct roads for the public.

How is interest on debenture issued as a collateral security paid?

However, if a company tends to issue debenture as collateral security, the holders would not receive any interest on their investment. Typically, interest on debentures is paid at a fixed rate on their face value systematically.

What is a collateral debenture?

Debentures issued as collateral security is secondary or parallel security for the original loan taken by the company. The lender can realize the collateral security in case borrower fails to make the payment of the original loan.

How do I hide mandatory fields in Servicenow?

Go to Solution. As other suggested UI Policy is good option where you can select the particular catalog item and then based upon variable value changes you can to set the field behavior. You can build the condition.

What is a debenture in simple terms?

Short definition A debenture is a type of long-term business debt not secured by any collateral. It is a funding option for companies with solid finances that want to avoid issuing shares and diluting their equity.

What is the difference between a loan and a debenture?

A loan must be paid back by a set date and must be secured against something of equal value. A debenture doesnt need to be taken out against something of equal value, simply something deemed sufficiently valuable, which is why they can be secured against something variable like inventory.

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