Home » Accounts (Principles of Accounts) » A document which acknowledge that a company owes a person a stated sum of money…A document which acknowledge that a company owes a person a stated sum of money… A document which acknowledge that a company owes a person a stated sum of money with an agreement to pay a fixed rate of interest periodically is A. share certificate B. allotment certificate C. preference certificate D. debenture certifate Correct Answer: Option D Explanation Related Posts Public sector accounting is practiced in When shares are issued at a discount, entries are to debit A class of preference shares in which dividend rights are carried forward is Which of the following is not credited to debtors control account? Which of the following items are current assets? Determine the Total Expenses
