Debentures 1

Debentures 1

12th Grade

10 Qs

quiz-placeholder

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Debentures 1

Debentures 1

Assessment

Quiz

Professional Development

12th Grade

Practice Problem

Hard

Created by

Harsimran Kaur

Used 154+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Debentures are a part of

Shareholders' fund

Borrowed funds

Borrowings from Bank

None of these

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Debentures are shown in the balance sheet of a company under the head of

Non current liabilities

Current liabilities

Share Capital

None of these

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Debenture holders are

Owners of the company

Lenders of the company

Vendors of the company

Customers of the company

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Debenture interest is paid

At a predetermined rate

At variable rate

At a rate based on net profit of the company

At a rate as determined by the company from time to time

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

At the time issue of debentures, debentures account is

Credited by the amount received

Credited by the issue price of the debentures

Credited by the nominal (face) value of the debentures

None of the above

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

When debentures are issued at a discount, the discount is written off

After debentures have been redeemed

In the year when debentures are issued

During the life of the debentures

None of these

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Interest on debentures is paid on

Amount received on issue

Nominal (face) value

On premium

None of these

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