मराठी
महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

Answer in a Sentence Only. - Book Keeping and Accountancy

Advertisements
Advertisements

प्रश्न

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

एका वाक्यात उत्तर

उत्तर

Debentures that are transferable by mere delivery are known as bearer debentures. The name and address of the holder of a bearer debenture is not registered with the company. Interest on such debentures is paid only to those holders who produce interest coupons attached with these debentures.

shaalaa.com
Meaning and Concept of Debentures
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 11: Company Accounts Part - 2 (Accounting for Debentures) - Exercise 1 [पृष्ठ ३७२]

APPEARS IN

मायकल वाझ Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
पाठ 11 Company Accounts Part - 2 (Accounting for Debentures)
Exercise 1 | Q 2 | पृष्ठ ३७२

संबंधित प्रश्‍न

The debentures which are convertible into shares.


The debenture holder is owner of the company.


Give the meaning of Debenture?


On 1st April 2014, KK Ltd. invited applications for issuing 5,000 10% debentures of Rs 1,000 each at a discount of 6%. These debentures were repayable at the end of the 3rd year at a premium of 10%. Applications for 6,000 debentures were received and the debentures were allotted on pro-rata basis to all the applicants. Excess money received with applications was refunded.

The directors decided to transfer the minimum amount to Debenture Redemption Reserve on 31.3.2016. On 1.4.2016, the company invested the necessary amount in 9% bank fixed deposit as per the provisions of the Companies Act 2013. A tax was deducted at source by bank on interest @10% p.a.

Pass the necessary journal entries for issue and redemption of debentures. Ignore entries relating to writing off a loss on issue of debentures and interest paid on debentures.


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?


Answer in a sentence only.
What is meant by debenture?


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


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 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 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 :
The debentures which are converted into shares is called____________.


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.
The amount of irredeemable debentures is not paid in the life time of the company.


State to whether the following statement is True/False.
The debentures are known as creditors ship capital of the company.


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


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

The debentures which are converted into shares.


Answer the question.
Explain any five types of debentures through which a company can collect borrowed capital from the public.


Write Short Note on Secured Debentures


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.


A Debenture issued by a company by creating a fixed or a floating charge on the company's assets is known as ______.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×