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Write One Word/Term/Phrase Which Can Substitute the Following - Book Keeping and Accountancy

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Question

Write one word/term/phrase which can substitute the following
The debentures which are not converted into shares.

One Word/Term Answer

Solution

Non-Convertible debentures
Explanation: Debentures that do not carry the option/right to be converted into equity shares after the specified period of time are known as non-convertible debentures.

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Meaning and Concept of Debentures
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Chapter 11: Company Accounts Part - 2 (Accounting for Debentures) - Exercise 2 [Page 372]

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Micheal Vaz Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
Chapter 11 Company Accounts Part - 2 (Accounting for Debentures)
Exercise 2 | Q 7 | Page 372

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