CA CPT Jun 2017 Question Paper Fundamentals of Accounting for online practice

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Question : 56 of 60

Marks: +1, -0

if debentures are issued as collateral security the journal entry will be________________

Debit Debenture Suspense A/c and Credit Debenture A/c
Debit Cash A/c and Credit Loan A/c
Debit Cash A/c and Credit Debentures A/c
Debit Debenture Securities A/c & Credit Cash A/c

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