If debenture is issued 1st April 2018 so in question we have given two years i e 31st march 2019 - Accountancy - Cash Flow Statement

Question

If debenture is issued 1st April 2018 so in question we have given
two years i e 31st march 2019 and 31st March 2018 so in which year
we will charge interest

Mohit · Accepted Answer

Dear Student,
Here is your answer,

If Debentures are issued on 1st April 2018 then we have to charge
interest on debentures on the amount of 31st March
2019 because it includes the new debentures also along
with the previous debentures
But remember, if in the question Debentures are issued on 31st
March 2019 then you have to charge the interest on the amount of
31st March 2018

Regards

If debenture is issued 1st April 2018 so in question we have given two years i.e 31st march 2019 and 31st March 2018 so in which year we will charge interest