Explain with an imaginary example how issue of debenture as collateral security is shown in the balance sheet of a company when it is recorded in the books of accounts.
Alfa Ltd. obtained Loan of Rs.1, 00,000 from Indian Bank and issued 1200, 10% Debentures of Rs. 100 each as Collateral security.
An extract of Balance sheet of Alfa Ltd. as at ----------------
Notes to Accounts:
