Time is an important resource that every company treasures and tries to convert into a benefit. In choosing document management application, take note of a clutterless and user-friendly interface that empowers customers. DocHub offers cutting-edge instruments to maximize your document managing and transforms your PDF file editing into a matter of one click. Hide Smart Field from the Collateral Debenture with DocHub in order to save a ton of time as well as increase your efficiency.
Make PDF file editing an simple and easy intuitive operation that helps save you plenty of precious time. Effortlessly change your documents and deliver them for signing without switching to third-party solutions. Give attention to pertinent tasks and boost your document managing with DocHub right now.
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