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In case of issue of debenture …

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In case of issue of debenture for consideration other than cash at par or premium or discount , why VENDOR'S A/C is debited ?

    • Posted by Bhavini Pathak 7 years, 1 month ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Juhi Saini 7 years, 1 month ago

    Because we are making payment to a creditor(VENDOR) on some purchase

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