A company took a loan of ₹ 4,00,000 from Bandhan Bank Ltd. and issued
Channel: Doubtnut
Date: 2020-03-29

A company took a loan of ₹ 4,00,000 from Bandhan Bank Ltd. and issued 8% Debentures of ₹ 4,00,000 as a collateral security. Explain how will the issue of debentures be dealt with in the books of the company.