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A company issued 1,000, 12% Debentures of ₹ 100 each at 10% premium. 12% stands for ______. -

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Question

A company issued 1,000, 12% Debentures of ₹ 100 each at 10% premium. 12% stands for ______.

Options

  • rate of dividend

  • rate of tax

  • rate of interest

  • none of these

MCQ
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Solution

A company issued 1,000, 12% Debentures of ₹ 100 each at 10% premium. 12% stands for rate of interest.

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Accounting Treatment for Share Capital
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