हिंदी

The Debenture Holder is Owner of the Company. - Book Keeping and Accountancy

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प्रश्न

The debenture holder is owner of the company.

उत्तर

False

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Meaning and Concept of Debentures
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
2015-2016 (March)

संबंधित प्रश्न

Give the meaning of Debenture?


Tata Ltd. issued 5,000, 10% Debentures of Rs 100 each on 1st April 2012. The issue was fully subscribed. According to the terms of issue, interest on debentures is payable half-yearly on 30th September and 31st March and tax deducted at source is 10%.
Pass the necessary journal entries related to the debenture interest for the half-yearly ending on 31st March 2013 and transfer of interest on debentures to Statement of Profit and Loss.


On 1.4.2015 PPR Ltd. issued 1500, 10% debentures of Rs 100 each at a discount of 3%, redeemable at a premium of 8% after three years. The company closes its books on 31st March every year. Interest on 10% debentures is payable on 30th September and 31st March. Rate of tax deducted at source is 10%.

Pass necessary journal entries for the issue of 10% debentures and interest for the year ended 31.3.2016


Give any one advantage for the redemption of debentures by purchase in the open market?


_______ is an acknowledgement of debt under common seal of a company.


Answer in a sentence only.
What do you mean by Bearer Debenture?


Answer in a sentence only.
What is meant by ‘Mortgaged Debenture’?


Answer in a sentence only.
What is meant by redemption of Debentures?


Write one word/term/phrase which can substitute the following
The debentures of which the payment is not made until the winding up of company.


Write one word/term/phrase which can substitute the following
The debentures of which payment is made on the expiry of specific period.


Write one word/term/phrase which can substitute the following
The debentures which are not converted into shares.


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


Write one word/term/phrase which can substitute the following
The debentures which are transferred by way of delivery.


Select most appropriate alternative from those given below
__________ is acknowledgment of debt under common seal of company.


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


Select most appropriate alternative from those given below :
__________ debentures which are not secured against any charge on asset of the company.


Select most appropriate alternative from those given below :
The debenture holder is ___________ of the company.


State to whether the following statement is True/False.
Unsecured debentures are safer than secured debentures.


Amar Ltd. issued 10,000 12% Debentures of Rs 100 each payable Rs 30 on application and remaining amount on allotment. The public applied for Rs 9,000 debentures which were fully allotted and on the relevant allotment money duly received. Give journal entries in the books of Amar Ltd.


Give the word / term or phrase which can substitute the following statement.

The debentures which are converted into shares.


Mahakali Co. Ltd. Chandrapur issued 1,000, 12% debentures of  Rs.100 each, payable Rs. 20 on application and the balance on allotment. Applications were received for 1,500 debentures, out of which, applications for 900 were allotted fully, applications for 400 were allotted 100 debentures and remaining were rejected. All dues received.
Journalise the transactions and also show Balance Sheet.

Write Short Note on Secured Debentures


Explain any four types of debentures through which a public limited company can collect its borrowed capital from the public.


Explain the meaning of debentures. State any four disadvantages of debentures.


Anthony Ltd. issued 20,000, 9% Debentures of ₹ 100 each at 10% discount to Mithoo Ltd. from whom Assets of ₹ 23,50,000 and Liabilities of ₹ 6,00,000 were taken over. Pass entries in the books of Anthony Ltd. if these debentures were to be redeemed at 5% premium.


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