MCQ Questions Class 12 Accountancy Chapter 9 Redemption of debentures with Answers

Free PDF Download of CBSE Class 12 Accountancy Chapter 9 Redemption of debentures Multiple Choice Questions with Answers.Based on Latest Exam Pattern. Students can solve MCQ NCERT Class 12 Accountancy Chapter 9 Redemption of debentures Multiple Choice Questions with Answers to know their preparation level.

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Redemption of debentures Class 12 MCQs Questions with Answers

Class 12 Accountancy Chapter 9 Redemption of Debentures MCQ Questions with Answers

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1. The debentures whose principal amount is not repayable by the company during its life time, but the payment is made only at the time of Liquidation of the company, such debentures are called :

 
 
 
 

2. A debenture holder is entitled to :

 
 
 
 

3. Which of the following statements is false?

 
 
 
 

4. Debenture holders are :

 
 
 
 

5. Which of the following is not a characteristic of Bearer Debentures?

 
 
 
 

6. A’ Limited purchased the assets from ‘B’ Limited for ₹5,40,000. ‘A’ Limited issued 10% debentures of ₹100 each at 20% premium against the payment. The number of debentures received by ‘B’ Limited will be :

 
 
 
 

7. Debentures represent the :

 
 
 
 

8. Debenture Application Account is in the nature of

 
 
 
 

9. Debentures issued as collateral security will be debited to :

 

 
 
 
 

10. On issue of debentures as a collateral security, which account is credited? 

 
 
 
 

11. ‘A’ Fimited purchased the assets from ‘B’ Limited for ₹5,40,000. ‘A’ Limited issued 10% debentures of ₹100 each at 10% discount against the payment. The number of debentures received by ‘B’ Limited will be 

 
 
 
 

12. Interest payable on debentures is :

 
 
 
 

13. Discount on issue of Debentures is in the nature of

 
 
 
 

14. On liquidation of company, principal amount of debentures is returned :

 
 
 
 

15. Which of the following statements is false :

 
 
 
 

16. Premium received on issue of debentures may be utilised for

 
 
 
 

17. Debentures of a Company can be issued :

 
 
 
 

18. The Principal amount of debentures will be repaid by the company either at the end of a specified period or by instalments during the life time of the company. Such types of debentures are called :

 
 
 
 

19. Which of the following statements is false?

 
 
 
 

20. Zero Coupon Bonds are issued :

 
 
 
 

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