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Amalgamation of companies

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How to treat Discount on issue of Debentures ? On which head it should come in Schedule 3 of Balance Sheet ?

VIGNESH M

CA Inter

★ 950

14-Feb-22 23:15

344

Answers (3)

Debentures amount in Borrowings will be shown as Net amount

Sahibdeep Singh

CA Inter

★ 14K+

16-Feb-22 12:04

Sahibdeep Singh

Debentures amount in Borrowings will be shown as Net amount

Under which head Sir?

Thread Starter

VIGNESH M

CA Inter

★ 950

16-Feb-22 12:07

Thread Starter

VIGNESH M

Under which head Sir?

In notes to accounts under the same head where Debentures are shown. Long term borrowings / Short term borrowings

Sahibdeep Singh

CA Inter

★ 14K+

16-Feb-22 12:11