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About nitinkrish

  • Member Since: February 15, 2021

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Hello, This is Nitin Krish from India. I'm working a for the well-reputed institute. Want to know the meaning of debentures in accounting? The actual answer or reply to this question is that they are basically worthless since you can't earn interest on them. You have no right over your share of the revenue generated by their issuance and must therefore return all remaining funds (minus any unearned dividends or distributions) before paying taxes accordingly. However, we will explain further why these assets should be denominated as "debt instruments" later. The key point here is that it isn't´ t possible for an individual to own a debt instrument worth more than 1% of total currency circulation - with a negative correlation being good.

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