Multiple Choice
Discount or loss on issue of debenture is a ………….
A) Capital Profit
B) Revenue Receipt
C) Capital Loss
D) Revenue Expense
Correct Answer:
Verified
Correct Answer:
Verified
Q6: Debentures can be redeemed out of ……….<br>A)Fresh
Q7: Balance of forfeited share is …….<br>A)Revenue Reserve<br>B)Capital
Q8: Debenture holders will get ……..<br>A)Dividend<br>B)Interest<br>C)Profit<br>D)All of these
Q9: . ………..debentures are transferable by mere delivery<br>A)Naked<br>B)Mortgage<br>C)Registered<br>D)Bearer
Q10: FCD stands for ……………<br>A)Fixed Charge Debentures<br>B)Floating Charge
Q12: When own debentures are cancelled, any profit
Q13: A charge created not on specific assets
Q14: Security premium account can be utilized for
Q15: Debenture holders are the ……….of a company<br>A)Debtors<br>B)Owners<br>C)Creditors<br>D)Borrowers
Q16: . ……………is an instrument of acknowledgment of