Interest payable on debentures is _____.(i) An appropriation of profit(ii) A Charge against profit(iii) Transferred to sinking fund.(iv) Treated as miscellaneous expenses to be shown in the balance sheet.

Interest payable on debentures is _____.(i) An appropriation of profi

1.	Interest payable on debentures is _____.(i) An appropriation of profit(ii) A Charge against profit(iii) Transferred to sinking fund.(iv) Treated as miscellaneous expenses to be shown in the balance sheet.
Answer» Interest payable on debentures is a Charge against profit.

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Interest payable on debentures is _____.(i) An appropriation of profit(ii) A Charge against profit(iii) Transferred to sinking fund.(iv) Treated as miscellaneous expenses to be shown in the balance sheet.

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