Q-9 Debentures
9. Cauvery Software Ltd. issued 5,000; 10% Debentures of Rs 100 each at par, redeemable after five years. The company also raised a Short-term loan of Rs 2,00,000 from the Bank of Baroda, collaterally secured by issue of 2,500; 10% Debentures. How will be the Debentures shown in the Balance Sheet of the company assuming that the company has passed Journal entry for the issue of Debentures as collateral security in the books ?
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