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The Principal amount of debentures will be repaid by the company either at the end of a specified period or by installments during the lifetime of the company. Such types of debentures are called ____ - Accounts

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Question

The Principal amount of debentures will be repaid by the company either at the end of a specified period or by installments during the lifetime of the company. Such types of debentures are called ______.

Options

  • Redeemable Debentures

  • Irredeemable Debentures

  • Convertible Debentures

  • Bearer Debentures

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Solution

The Principal amount of debentures will be repaid by the company either at the end of a specified period or by installments during the lifetime of the company. Such types of debentures are called redeemable debentures.

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Chapter 7: Company Accounts - Issue of Debentures - OBJECTIVE TYPE QUESTIONS [Page 7.67]

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D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 7 Company Accounts - Issue of Debentures
OBJECTIVE TYPE QUESTIONS | Q A. 11. | Page 7.67
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