how will you show the debentures issued as collateral security in balance sheet ?
Follow the link provided below to understand the treatment of debenture when issued as collateral security-- both the cases.
https://www.meritnation.com/ask-answer/question/describe-the-meaning-of-debenture-issued-as-collateral-secu/issue-and-redemption-of-debentures/6318992
https://www.meritnation.com/ask-answer/question/describe-the-meaning-of-debenture-issued-as-collateral-secu/issue-and-redemption-of-debentures/6318992