Which of the following statements is false?
A) At maturity, debenture holders get back their money.
B) Debentures can be forfeited for non-payment of call money.
C) In company's balance sheet, debentures are shown under the head Long term Borrowings.
D) Interest on debentures is a charge against profits
Correct Answer:
Verified
Q3: Interest payable on debentures is :
A)an appropriation
Q4: A debenture holder is entitled to :
A)Fixed
Q5: On liquidation of company, principal amount of
Q6: Which of the following statements is false?
A)Debenture
Q7: Which of the following is not a
Q9: Which of the following statements is false
Q10: The Principal amount of debentures will be
Q11: The debentures whose principal amount is not
Q12: Debenture Application Account is in the nature
Q13: Discount on issue of Debentures is in
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