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Class 12 Accountancy
Issue And Redemption Of Debentures
Quiz 4
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Debenture premium can be used to :
0%
Write off the discount on issue of shares or debentures
0%
Write off the premium on redemption of shares or debentures
0%
Write off capital loss
0%
All of the above
Explanation
All of the above
Which of the following is false ?
0%
A company can issue redeemable debentures
0%
A company can issue debentures with voting rights
0%
A company can buy its own shares
0%
A company can buy its own debentures
Explanation
A company can issue debentures with voting rights
Debenture is the part of:
0%
Share Capital
0%
Long-term Borrowings
0%
Owned Capital
0%
None, of these
Explanation
Long-term Borrowings
Consideration of Debenture is:
0%
Profit
0%
Dividend
0%
Interest
0%
None of these
Explanation
Interest
Premium on Redemption of Debenture A/c is.:
0%
Asset
0%
Liability
0%
Expense
0%
Revenue
Explanation
Liability
Loss on issue of debentures is recorded as :
0%
Intangible Asset
0%
Current Asset
0%
Current Liability
0%
Miscellaneous Expenditure
Explanation
Miscellaneous Expenditure
0 h : 0 m : 1 s
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