HSC Commerce (Marketing and Salesmanship) 12th Board ExamMaharashtra State Board
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The Issue of Debenture More than the Face Value is Termed as Issue of Debenture at Par. - HSC Commerce (Marketing and Salesmanship) 12th Board Exam - Book Keeping and Accountancy

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Question

The issue of debenture more than the face value is termed as an issue of debenture at par.

Solution

False

Explanation: Issue of debentures at more than its face value is termed as an issue of debentures at a premium. However, when issue price is equal to the face value of the debentures, then it is termed as an issue of debentures at par.

 

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APPEARS IN

 2013-2014 (March) (with solutions)
Question 1.4.2 | 1.00 mark

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Solution The Issue of Debenture More than the Face Value is Termed as Issue of Debenture at Par. Concept: Issue of Debentures at Par at Premium and at Discount.
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