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.

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

 
 
 
 

2. A debenture holder is entitled to :

 
 
 
 

3. Which of the following statements is false :

 
 
 
 

4. Debentures represent the :

 
 
 
 

5. 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 :

 
 
 
 

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

 
 
 
 

7. Which of the following statements is false?

 
 
 
 

8. Debenture holders are :

 
 
 
 

9. Debenture Application Account is in the nature of

 
 
 
 

10. Debentures of a Company can be issued :

 
 
 
 

11. Interest payable on debentures is :

 
 
 
 

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

 

 
 
 
 

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

 
 
 
 

14. Zero Coupon Bonds are issued :

 
 
 
 

15. 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 :

 
 
 
 

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

 
 
 
 

17. ‘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 

 
 
 
 

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

 
 
 
 

19. Which of the following statements is false?

 
 
 
 

20. 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 :

 
 
 
 

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