Practicing Success
Practicing Success
CUET Preparation Today
| Zee Ltd. took a loan of Rs 10,00,000 from SBI and issued 15000, 9% Debentures of Rs 100 as collateral security. How much amount will be shown in Company's Balance Sheet as Long term Loan? |
₹10,00,000 ₹15,00,000 ₹25,00,000 ₹5,00,000 |
| ₹10,00,000 |
| Only loan's amount will be shown as long term liability in Balance as the issued debentures are company's collateral security i.e. ₹10,00,000. |
