Maharashtra State BoardHSC Arts 12th Board Exam
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Write One Word/Term/Phrase Which Can Substitute the Following - Book Keeping and Accountancy

One Word Answer

Write one word/term/phrase which can substitute the following
The debentures which are registered in the register of company.

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Solution

Registered debentures
Explanation: Debentures that are not transferable by mere delivery are known as registered debentures. The names and addresses of holders of these debentures are recorded with the company. Such debentures can be transferred only through the execution of a proper transfer deed.

Concept: Meaning and Concept of Debentures
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APPEARS IN

Micheal Vaz Accounts - Book Keeping and Accountancy HSC 12th Standard Maharashtra State Board
Chapter 11 Company Accounts Part - 2 (Accounting for Debentures)
Exercise | Q 8 | Page 372
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