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

Select Most Appropriate Alternative from Those Given Below : - Book Keeping and Accountancy

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प्रश्न

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

पर्याय

  • Secured

  • Unsecured

  • Redeemable

  • Convertible

MCQ

उत्तर

Unsecured debentures which are not secured against any charge on asset of the company.

Explanation: The debentures that are not secured by any security or do not have a charge on the assets of a company are known as unsecured or naked debentures.

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Meaning and Concept of Debentures
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 11: Company Accounts Part - 2 (Accounting for Debentures) - Exercise 3 [पृष्ठ ३७३]

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मायकल वाझ Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
पाठ 11 Company Accounts Part - 2 (Accounting for Debentures)
Exercise 3 | Q 8 | पृष्ठ ३७३

संबंधित प्रश्‍न

The debentures which are convertible into shares.


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.


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


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


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


Answer in a sentence only.
What is a ‘Convertible Debenture’?


Answer in a sentence only.
What is meant by ‘Irredeemable Debentures?


Write one word/term/phrase which can substitute the following
The debentures where no charge is created on the assets of company.


Write one word/term/phrase which can substitute the following
The acknowledgment of debt under common seal 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 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 which are converted in to shares.


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 :
The debentures which are converted into shares is called____________.


State to whether the following statement is True/False.
The debenture holder is owner of the company.


State to whether the following statement is True/False.
The acknowledgement of debt under common seal of company in termed as share.


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.
Unsecured debentures are safer than secured debentures.


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


Match the items given in Column I with the headings/subheadings (Balance sheet) as defined in Schedule III of Companies Act 2013.

  Column I   Column II
(I) Loose Tools (a) Intangible fixed assets
(II) Patents (b) Other current assets
(III) Prepaid insurance (c) Long term Borrowings
(IV) Debentures (d) Inventories
(V) Machinery (e) Tangible Fixed assets

Random Ltd. took over running business of Mature Ltd. comprising of Assets of ₹ 45,00,000 and Liabilities of ₹ 6,40,000 for a purchase consideration of ₹ 36,00,000. The amount was settled by bank draft of ₹ 1,50,000 and balance by issuing 12% preference shares of ₹ 100 each at 15% premium. Pass entries in the books of Random Ltd.


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