2.
Which of the following statements is false?
2 out of 10
3.
Debentures of a Company can be issued :
3 out of 10
4.
On issue of debentures as a collateral security, which account is credited?
4 out of 10
5.
Interest on debentures issued as a collateral security is paid on :
5 out of 10
6.
While issuing …………..type of Debentures, company does not give any undertaking for the repayment of money borrowed by issuing such debentures.
6 out of 10
7.
Savitri Ltd. issued 50,000, 8% Debentures of ₹ 100 each at certain rate of premium and to be redeemed at 10% premium. At the time of writing off Loss on Issue of Debentures, Statement of Profit and Loss was debited with ₹ 2,00,000. At what rate of premium, these debentures were issued?
7 out of 10
8.
Durga Ltd. issued 80,000, 10% Debentures of ₹ 100 each at certain rate of discount and were to be redeemed at 20% premium. Existing balance of Securities Premium before issuing of these debentures was ₹ 25,00,000 and after writing off Loss on Issue of Debentures, the balance in Securities Premium was ₹ 5,00,000. At what rate of discount, these debentures were issued?
8 out of 10
9.
Interest payable on debentures is :
9 out of 10
10.
Debentures redeemable within 12 months of the date of Balance Sheet will be shown under :
10 out of 10
