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Replace Field Validation from the Collateral Debenture

Replace Field Validation from the Collateral Debenture and eSign it in minutes

Aug 6th, 2022

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How to Replace Field Validation from the Collateral Debenture

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hello everyone this is salesforce lori um and im here today to demonstrate to you how a validation works with a pick list field and a date field needing to be to have some criteria so lets demonstrate it by creating a new user um this is by the way a project that were doing in talent stacker so we can have a very good experience with building solutions for an award so for this the requirement is that if you have a member whose risk status is at risk instead of no risk youre required to put in a date so lets say its a no risk at this time its a new member and then suddenly um some of the other members noted that hey ryan is missing in action for like a month now not not a peep nothing on facebook nothing on linkedin he is not engaging in the community at all so what could have happened so the members will alert one of the admins of talent stackers and ryans record will be updated to at-risk so the date is required as to when the admin got that that information from others or whe

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

Is no interest payable on the debentures issued as collateral security?

The lender is entitled to interest only on the amount of loan, but not on the debentures issued as collateral security.

What is meant by debentures as collateral security?

Collateral security refers to an additional layer of security over and above the primary security. It is seen in case of company taking a loan from a financial institution, in such cases, company issues debentures which are additional security or collateral security.

Which amount is credited on issue of debentures as collateral security?

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

When debentures are issued as collateral security interest paid on?

When debentures are issued as collateral security, interest is paid on:a)Nominal value of debenturesb)Face value of debenturesc)Discounted value of debenturesd)No interest is paidCorrect answer is option D.

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.

When debentures are issued as collateral security which account is debited?

In case of issue of debentures as collateral security, the effect in the Balance Sheet is nullified because balance of Debenture Suspense Account is deducted from Debentures Account.

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