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Home › CBSE Class 12 (Commerce) › Accountancy › Accounting for Companies: Debentures › The terms debentures and bonds are now generally…

The terms debentures and bonds are now generally treated as what?

AUsed interchangeably
BTypes of equity shares
CLegally opposite terms
DMeant only for governments
Answer & Solution
Correct answer: A. Used interchangeably
Bonds were once issued only by governments, but companies now issue them too, so both terms are used for the same kind of debt instrument.
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