Exam 16: Share Forfeiture, Debentures, and Sinking Fund

Which of the following is an example for capital profit?

Interest on debenture is ……….

. …………debentures are secured by the assets of the company

The forfeited shares can be reissued at …………

The allotment of shares in case of oversubscription is called…..

Debentures can be redeemed out of ……….

Balance of forfeited share is …….

Debenture holders will get ……..

. ………..debentures are transferable by mere delivery

FCD stands for ……………

Discount or loss on issue of debenture is a ………….

When own debentures are cancelled, any profit on cancellation is transferred to ……..

A charge created not on specific assets but generally on all assets is known as………….

Security premium account can be utilized for ………….

Debenture holders are the ……….of a company

. ……………is an instrument of acknowledgment of debt.

. …………..is that portion of issued capital which is applied for by the public.

Debentures are shown in the balance sheet under the head ………..

After realizing all the investments, the balance in the sinking fund account is transferred to …………

The shares of a company only can be forfeited after giving a ………days notice