KollegeApply
Search Colleges, Courses, Exams , Questions and Articles
Search
All Streams
All Courses
Engineering
Management
Medical
Design
Explore
Online
KollegeApply
Search Colleges, Courses, Exams , Questions and Articles
Search
Login
All Streams
All Courses
Engineering
Management
Medical
Design
Explore
Online
Home
/
Questions
/
If Vendors are issued debentures of ₹ 4,40,000 in consideration of assets of ₹
Accountancy
Company Accounts - Issue of Debentures
Question
Updated
19 Aug 2026
If Vendors are issued debentures of ₹ 4,40,000 in consideration of assets of ₹ 5,00,000 and liabilities of ₹ 1,00,000, the balance of ₹ 40,000 will be debited to ______.
A
Choose Your Answer
A
General Reserve Account
B
Capital Reserve Account
C
Goodwill Account
D
Statement of Profit & Loss
🔓 Unlock Solution & Correct Answer
Reveal the step-by-step explanation
Ask Orbit AI