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HomeUP Board Class 12accountancyIssue and Redemption of Debentures › Debentures secured by a charge on the assets of …

Debentures secured by a charge on the assets of the company are called:

Aconvertible debentures
Bsecured (mortgage) debentures
Cunsecured debentures
Dbearer debentures
Answer & Solution
Correct answer: B. secured (mortgage) debentures
Secured debentures carry a charge on the company's assets.
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