Class XII

Debenture holders do not have right for ____
  1. Interest
  2. To apply for Redemption of debentures on maturity
  3. Dividend
  4. Dividend and Interest both
Name the security which is issued in addition to the principal security
  1. Security Premium
  2. Principal security
  3. Collateral security and Principal security
  4. Collateral security
A debenture is ________________
  1. -------------------------------------------------------------------------------- Debtors equity
  2. An internal equity
  3. An external equity
  4. Owners’ equity
Vinod Limited offered 20,000 debentures @ 100 each at a premium of 10%. The issue was oversubscribed by 3 times. Company made full allotment to 4,000 applicants and pro-rata allotment to the applicants of 36,000 debentures and remaining applications rejected. What amount is to be credited to the Securities premium account?
  1. 3,60,000
  2. 2,00,000
  3. 4,00,000
  4. 40,000
The amount of discount which is unamortized or cannot be written off , is shown in the balance sheet under the ----------
  1. Other Non-current Assets
  2. Other Non-current Liabilities
  3. Reserve and Surplus
  4. Short term provisions
Time Elapsed

HR : MIN : SEC
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LKG - 12th

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