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प्रश्न
State to whether the following statement is True/False.
The amount of irredeemable debentures is not paid in the life time of the company.
पर्याय
True
False
उत्तर
True
Explanation: Irredeemable debentures are not payable during the life time of a company. They are also known as perpetual debentures. They are paid only at the time of liquidation or in the event of winding up of the company.
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संबंधित प्रश्न
Give the meaning of Debenture?
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 ‘Irredeemable Debentures?
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 which are converted in to shares.
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 :
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 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 unregistered debentures are known as naked debentures.
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.
Write a word / term / phrase as a substitute of the following statement.
The acknowledgement of debt under common seal of company.
Give the word / term or phrase which can substitute the following statement.
The debentures which are converted into shares.
Answer the following question in one sentence.
What are ‘convertible debentures’ ?
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.
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 |