Multiple Choice
After realizing all the investments, the balance in the sinking fund account is transferred to …………
A) Profit and Loss A/c
B) Debenture Account
C) Sinking fund A/c
D) Capital reserve
Correct Answer:

Verified
Correct Answer:
Verified
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
Q17: . …………..is that portion of issued capital
Q18: Debentures are shown in the balance sheet
Q20: The shares of a company only can
Q21: Preference shares cannot be redeemed at ………..<br>A)Par<br>B)Premium<br>C)Discount<br>D)All
Q22: . …………..debentures can be transferred only with
Q23: Debenture represents ………. Of a company<br>A)Borrowed capital<br>B)Owned