1.

Distinguish between Shares and Debentures 

Answer»
SharesDebentures
(i) Shares are the owned funds of the company.(i) Debentures are the borrowed funds of the company.
(ii) Shares represent the capital of the company.(ii) Debentures represent the debt of the company.
(iii) Shares cannot be converted into debentures.(iii) Debentures can be converted into debentures.



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