Long-term debentures issued five years ago with a maturity of six year from the date of issue

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Long-term debentures issued five years ago with a maturity of six year from the date of issue should be considered as

(a) Current item in the latest balance sheet

(b) Appropriation of funds

(c) Non-current item in the latest balance sheet

(d) None of these

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Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

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