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

State to Whether the Following Statement is True/False.

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प्रश्न

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

पर्याय

  • True

  • False

MCQ
चूक किंवा बरोबर
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उत्तर

False

Explanation:
 Debenture-holders are the creditors of a company. They get interest at a fixed rate, irrespective of whether the company makes profit or not. Unlike shareholders, they are not the owners of the company.

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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 11: Company Accounts Part - 2 (Accounting for Debentures) - Exercise 4 [पृष्ठ ३७३]

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मायकल वाझ Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
पाठ 11 Company Accounts Part - 2 (Accounting for Debentures)
Exercise 4 | Q 1 | पृष्ठ ३७३

व्हिडिओ ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्‍न

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.


Give any one advantage for the redemption of debentures by purchase in the open market?


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


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


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


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


Write one word/term/phrase which can substitute the following
The debentures where no charge is created on the assets of company.


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


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.


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 unregistered debentures are known as naked debentures.


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


Give the word / term or phrase which can substitute the following statement.

The debentures which are converted into shares.


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.

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


Write Short Note on Secured Debentures


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. 


Anthony Ltd. issued 20,000, 9% Debentures of ₹ 100 each at 10% discount to Mithoo Ltd. from whom Assets of ₹ 23,50,000 and Liabilities of ₹ 6,00,000 were taken over. Pass entries in the books of Anthony Ltd. if these debentures were to be redeemed at 5% premium.


A Debenture issued by a company by creating a fixed or a floating charge on the company's assets is known as ______.


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