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

MCQ

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

Options

Simple debentures
Registered debentures
Bearer debentures
Open debentures

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Solution

Registered debentures which are recorded in register of company.

Explanation: Those debentures for which the names and addresses of the debenture holders are recorded in a company’s register are known as registered debentures. Such debentures are not transferable by mere delivery.

Concept: Meaning and Concept of Debentures

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Chapter 11: Company Accounts Part - 2 (Accounting for Debentures) - Exercise [Page 372]

Q 3 Q 2 Q 4

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