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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

_______ is an Acknowledgement of Debt Under Common Seal of a Company. - Book Keeping and Accountancy

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प्रश्न

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

पर्याय

  • (A) Share

  • (B) Debenture

  • (C) Cheque

  • (D) Bond

MCQ
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उत्तर

Debenture

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
2016-2017 (March)

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संबंधित प्रश्‍न

The debentures which are convertible into shares.


The debenture holder is owner of the company.


Give the meaning of Debenture?


On 1st April 2014, KK Ltd. invited applications for issuing 5,000 10% debentures of Rs 1,000 each at a discount of 6%. These debentures were repayable at the end of the 3rd year at a premium of 10%. Applications for 6,000 debentures were received and the debentures were allotted on pro-rata basis to all the applicants. Excess money received with applications was refunded.

The directors decided to transfer the minimum amount to Debenture Redemption Reserve on 31.3.2016. On 1.4.2016, the company invested the necessary amount in 9% bank fixed deposit as per the provisions of the Companies Act 2013. A tax was deducted at source by bank on interest @10% p.a.

Pass the necessary journal entries for issue and redemption of debentures. Ignore entries relating to writing off a loss on issue of debentures and interest paid on debentures.


Answer in a sentence only.
What is meant by debenture?


Answer in a sentence only.
What do you mean by Bearer Debenture?


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


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 the payment is not made until the winding up of company.


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 :
The debentures which are converted into shares is called____________.


Select most appropriate alternative from those given below :
__________ debentures which are not secured against any charge on asset 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 acknowledgement of debt under common seal of company in termed as share.


State to whether the following statement is True/False.
The amount of irredeemable debentures is not paid in the life time of the company.


State to whether the following statement is True/False.
The debentures are known as creditors ship capital of the company.


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


State to whether the following statement is True/False.
Unsecured debentures are safer than secured 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’?


Answer the question.
Explain any five types of debentures through which a company can collect borrowed capital from the public.


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