Question:
Debenture Redemption Reserve is created by:-
A. Service Sector Company
B. Manufacturing Company
C. Banking Company
D. Automobile Company
E. NFBC's registered with RBI
Choose the correct answer from the options given below :
Debenture Redemption Reserve is created by:-
A. Service Sector Company
B. Manufacturing Company
C. Banking Company
D. Automobile Company
E. NFBC's registered with RBI
Choose the correct answer from the options given below :
A. Service Sector Company
B. Manufacturing Company
C. Banking Company
D. Automobile Company
E. NFBC's registered with RBI
Choose the correct answer from the options given below :
Updated On: Mar 1, 2025
- A, C and E only
- A, B and D only
- A, B and E only
- B, C and D only
Hide Solution
Verified By Collegedunia
The Correct Option is B
Solution and Explanation
The correct option is (B) :A, B and D only.
Was this answer helpful?
0
0
Top Questions on Debentures
- Ajanta Ltd. purchased machinery worth Rs 36,00,000 from Sujata Ltd. Ajanta Ltd. paid half the amount to Sujata Ltd. through a bank draft and the balance by issuing 8 debentures of Rs 100 each at a discount of 10.
Pass the necessary journal entries in the books of Ajanta Ltd. for the above transactions. - On 1st April 2023, Veebee Ltd. issued 20,000, 13% debentures of \( ₹ 100 \) each at a discount of 10% redeemable at a premium of 5% after 4 years. Total amount of interest on debentures for the year ending 31st March, 2024 will be :
- VX Ltd. issued 30,000, 8% debentures of ₹ 100 each at a discount of 10% redeemable at a certain rate of premium. On issue of these debentures, ‘Loss on issue of debentures account’ was debited with ₹ 4,50,000. The amount of premium on redemption of debentures was___.
- Romerio Ltd. issued ₹ 80,00,000, 8% debentures of ₹ 100 each on 1st April, 2023 at par, redeemable at a premium of 5%. The company had ₹ 3,00,000 in its Securities Premium Account.
Give journal entries in the books of Romerio Ltd. relating to the: (i) Issue of Debentures
(ii) Debenture interest for the year ending 31st March, 2024 assuming that interest was paid yearly on 31st March.
(iii) Writing off Debenture Interest and Loss on Issue of Debentures. - What is Redeemable Debenture?
View More Questions
Questions Asked in CUET exam
- A person walks 10 m North, then turns right and walks 5 m, then turns right again and walks 10 m. What direction is he facing now?
- CUET (UG) - 2025
- Direction sense
What comes next in the series?
\(2, 6, 12, 20, 30, \ ?\)- CUET (UG) - 2025
- Number Series
- Rearrange the parts to form a logical sentence:
A) the city's new policy
B) has significantly improved
C) air quality
D) over the past year- CUET (UG) - 2025
- Sentence Arrangement
In a sequence of numbers, each term is generated by multiplying the previous term by 2 and then subtracting 1. If the first term is 3, what is the fourth term in the sequence?
- CUET (UG) - 2025
- Data Interpretation
The following data shows the number of students in different streams in a school:
Which type of graph is best suited to represent this data?- CUET (UG) - 2025
- Income and Employment
View More Questions