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

State to Whether the Following Statement is True/False. - Book Keeping and Accountancy

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प्रश्न

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

पर्याय

  • True

  • False

MCQ
चूक किंवा बरोबर

उत्तर

False

Explanation:
 Debenture-holders are the creditors of a company. They get interest at a fixed rate, irrespective of whether the company makes profit or not. Unlike shareholders, they are not the owners of the company.

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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 4 [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 4 | Q 1 | पृष्ठ ३७३

संबंधित प्रश्‍न

The debentures which are convertible into shares.


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


Pass the necessary Journal entry when 10,000 debentures of Rs 100 each are issued as collateral security against a Bank loan of Rs 8,00,000


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 ‘Mortgaged 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 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 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 :
The debentures which are converted into shares is called____________.


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


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.

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


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.


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.


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


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