Types of issue of debentures - class-XII
Description: types of issue of debentures | |
Number of Questions: 22 | |
Created by: Tanuja Atwal | |
Tags: accounting for debentures elements of accounts book keeping and accountancy company accounts - issue of debentures accounting for share capital and debentures company accounts part - 2 (accounting for debentures) company accounts (debentures) accountancy issue and redemption of debentures |
Debentures which are convertible into shares at the option of the shareholders according to the terms of the issue are known as ____________.
Which of these statement is not true about debenture holders?
Which of the following is incorrect?
Use the following information for questions given below:
Consider the following data pertaining to A Ltd. as on March $31, 2006$:
Share Capital
Issued, subscribed and called-up $(20,000$ shares of $Rs. 100$ each) $Rs. 20,00,000$
Calls-in-arrear $Rs. 10,000$
Profit and loss account (Cr.) as on April $01, 2005\ Rs. 1,20,000$
Profit for the year $Rs. 2,60,000$
The company wants to create a Debenture Redemption Reserve and to transfer $Rs. 50,000$ every year out of profits to redeem the debentures.
The company declared $10$% dividends.
The amount of dividend declared will be _______________.
In case of an Issue of a debenture of Rs$100$ at $Rs110$, Rs$10$ is to be credited to:
Redeemable debentures are those which are payable on the expiry of the ______ period either in lump sum or in installments during the life time of the company.
Debentureholders having a floating charge have priority in payment over _________________.
The term debenture includes _________.
Debentures entails payment of fixed rate of interest until ____________.
_____are those debentures where the debenture holder have no option to convert into equity.
Issue of debentures as collateral securities means issue of such debentures as _________.
Which of the following statement is not true?
______ are secured by either a fixed charge or a floating charge.
Debentures which are not secured by any charge upon any assets of the company are called __________.
_______debentures are those which can be transferred by mere delivery.
Non-convertible debentures refer to.
Debentures can be ____________.
I. Mortgage Debentures or Simple Debentures
II. Registered Debentures or Bearer Debentures
III. Redeemable Debentures or Irredeemable Debentures
IV. Convertible Debentures or Non-Convertible Debentures.
Interest payable on debentures is __________.
In case of debentures issued as collateral securities, the lender is entitled to ____________.
Which of the following statements is false?
Companies may issue the debentures as security against loans taken from banks/financial institutions as _______.
Debentures can be_____.
a. Mortgage Debenture or Simple Debenture.
b. Registered Debenture or Bearer Debenture.
c. Redeemable Debenture or Irredeemable Debenture.
d. Convertible Debenture or Non-convertible Debenture