Nitin Krish

USA

Hi, my name is Nitin Krish. I’m working in a well-known firm. Here is my opinion regarding debentures meaning in accounting. Frequently the cash raised through the issue of offers is discovered deficient to meet the developing monetary necessities of the business. Consequently, to meet the monetary prerequisites an organization resort to borrowings. Such borrowings might be present moment and long haul. Momentary borrowings are overdraft, charges payable, and so on Long haul borrowings might be debentures, bonds, term advances from banks, public stores, and so on Issue of debentures is an extremely normal source to raise borrowings.