Match List – I with List – II. LIST - I(Particulars) LIST - II(Treatm…

The correct answer is Option (3) → A-II, B-IV, C-I, D-III

A. Issue of debentures as collateral security — this matches II. Debenture Suspense Account will be debited. No money is received, so the debentures are recorded against a Debenture Suspense Account that is cancelled when the loan is repaid.

B. Issue of debenture to Public — this matches IV. Bank Account will be debited. The public pays application and allotment money, which is received in the bank.

C. Issue of debentures to vendor for purchase of an Asset — this matches I. Vendor Account will be credited. The asset is bought on credit (Assets A/c Dr. To Vendor), and the vendor is then paid by issuing debentures.

D. Writing off Discount/Loss on Issue of Debentures — this matches III. Statement of Profit and Loss will be debited. The discount is a capital loss written off from securities premium, and any balance from the Statement of Profit and Loss.