Manual document handling might be a cause of your company losing money and your staff members losing interest in their duties. The easiest way to increase all enterprise processes and enhance your statistics would be to handle everything with cutting-edge solution like DocHub. Deal with your documents and Save Convertible Debenture in PDF within just seconds and save more time for pertinent tasks.
With DocHub, you possess unlimited use of your documents and Templates available to you at any time. Explore all capabilities today with your free DocHub profile.
this is a lecture from open tuition to benefit from the lecture you should download the free lecture notes from open tuition com so lets go through and carry on with this monstrous chapter on financial instruments by looking at convertible debentures so we know what a debenture is its a way of a business being able to raise finance so when we issue debentures we debit the bank and we credit a financial liability and then that financial liability is then treated at amortized cost okay thats what weve looked at so far isnt it however were now gonna look at a convertible debentures and a convertible debentures is another form of finance so were raising money but the way in which we incentivize the investors is by allowing them the option to go through there and instead of receiving cash on redemption they can go through there and receive shares within the business instead so its like a little bit of a reward yeah you can take cash if you want but there might be better terms withi