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In calculating interest on debentures Opening Balance should be considered or Closing Balance. For example: 31/3/20 31/3/21 9% Debentures- 4 L 2 L
Lathika
CA Inter
★ 6K+
12-Jan-25 12:19
175
Answers (4)
You need to make an assumption or look for additional info in question
CA Suraj Lakhotia
Admin
12-Jan-25 12:20
Sir if debenture is redeemed at year end what balance should we consider. And nothing is given as add info what balance we should consider
Thread Starter
12-Jan-25 12:22
Full 4 lacs
12-Jan-25 12:24
Ok sir. Thank you
12-Jan-25 12:28
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