Debentureholders are like creditors of the company.
Debentureholders are like:
Pilot Company has issued 80,000 10% Debentures of Rs.100 each at discount of 10%. These are redeemable at par. How much amount shall be paid to debentureholders at the time of redemption.?
____________ means repayment of the amount of debentures to debentureholders.
The journal entry for payment to debentureholders