Interest payable on debentures is :

Related MCQs

• In case debentures of Rs. 10,000 are issued at par but payable at a premium of 10% the premium payable will be debited to:
• Interest on debentures and unsecured loan is payable upto the date of actual payment
• . Unsecured debentures are called as ……………….debentures
• The Principal amount of debentures will be repaid by the company either at the end of a specified period or by instalments during the life time of the company. Such types of debentures are called :
• The debentures whose principal amount is not repayable by the company during its life time, but the payment is made only at the time of Liquidation of the company, such debentures are called :
• The balance sheet of the debentures sinking fund after redemption of debentures is credited at the end of the accounting period to:
• If the purchase price of debentures includes interest for the expired period, the quotation is said to be …………..
• If the purchase price of debentures excluding interest for the expired period, the quotation is said to be …………..
• AB are two partners in a firm, as per the terms of agreement partners drawing will carry interest @ 10%. If A has drawn funds from business as per the details given below. Find the interest for the year ended 31.12.2012 01.04.2012 ` 20,000 01.06.2012 ` 10,000 01.09.2012 ` 20,000
• 1. The underwriting commission in the case of debentures as per Companies Act, should not exceed_________