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Select Most Appropriate Alternative from Those Given Below - Book Keeping and Accountancy

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प्रश्न

Select most appropriate alternative from those given below
__________ is acknowledgment of debt under common seal of company.

विकल्प

  • Share

  • Debenture

  • Cheque

  • Bond

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उत्तर

Debenture is acknowledgment of debt under common seal of company.
Explanation: Debentures are written acknowledgement of debt issued under the common seal of a company with fixed rate of interest to the debenture holders.

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अध्याय 11: Company Accounts Part - 2 (Accounting for Debentures) - Exercise 3 [पृष्ठ ३७२]

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मायकल वाझ Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
अध्याय 11 Company Accounts Part - 2 (Accounting for Debentures)
Exercise 3 | Q 1 | पृष्ठ ३७२

वीडियो ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्न

The debentures which are convertible into shares.


The debenture holder is owner of the company.


Give the meaning of Debenture?


On 1.4.2015 PPR Ltd. issued 1500, 10% debentures of Rs 100 each at a discount of 3%, redeemable at a premium of 8% after three years. The company closes its books on 31st March every year. Interest on 10% debentures is payable on 30th September and 31st March. Rate of tax deducted at source is 10%.

Pass necessary journal entries for the issue of 10% debentures and interest for the year ended 31.3.2016


Pass the necessary Journal entry when 10,000 debentures of Rs 100 each are issued as collateral security against a Bank loan of Rs 8,00,000


_______ is an acknowledgement of debt under common seal of a company.


Answer in a sentence only.
What is a ‘Convertible Debenture’?


Answer in a sentence only.
What is meant by ‘Mortgaged Debenture’?


Answer in a sentence only.
What is meant by redemption of Debentures?


Answer in a sentence only.
What is meant by ‘Irredeemable Debentures?


Write one word/term/phrase which can substitute the following
The debentures of which payment is made on the expiry of specific period.


Write one word/term/phrase which can substitute the following
The debentures of which payment is made on the expiry of specific period.


Write one word/term/phrase which can substitute the following
The debentures which are converted in to shares.


Write one word/term/phrase which can substitute the following
The debentures which are transferred by way of delivery.


Select most appropriate alternative from those given below ____________debentures which are recorded in register of company.


Select most appropriate alternative from those given below :
__________ debentures which are not secured against any charge on asset of the company.


Select most appropriate alternative from those given below :
The debenture holder is ___________ of the company.


State to whether the following statement is True/False.
The debenture holder is owner of the company.


State to whether the following statement is True/False.
The unregistered debentures are known as naked debentures.


Amar Ltd. issued 10,000 12% Debentures of Rs 100 each payable Rs 30 on application and remaining amount on allotment. The public applied for Rs 9,000 debentures which were fully allotted and on the relevant allotment money duly received. Give journal entries in the books of Amar Ltd.


Answer the following question in one sentence.

What are ‘convertible debentures’?


Mahakali Co. Ltd. Chandrapur issued 1,000, 12% debentures of  Rs.100 each, payable Rs. 20 on application and the balance on allotment. Applications were received for 1,500 debentures, out of which, applications for 900 were allotted fully, applications for 400 were allotted 100 debentures and remaining were rejected. All dues received.
Journalise the transactions and also show Balance Sheet.

Explain any four types of debentures through which a public limited company can collect its borrowed capital from the public.


State any four disadvantages of debentures. 


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