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Changes in Outstanding Expenses

is it necessa...

Question

is it necessary to calculate interest on debentures if there is no information regarding this in cash flow statement but debentures appears in balance sheet

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Solution

Dear Student
If there are debentures appearing in the books of accounts but no information is given about interest paid on debentures then it is mandatory to pay interest on these debentures.
-Regards

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Changes in Outstanding Expenses

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