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Q. |
Which of the following statements is false? |
A. | At maturity, debenture holders get back their money. |
B. | Debentures can be forfeited for non-payment of call money. |
C. | In company’s balance sheet, debentures are shown under the head Long term Borrowings. |
D. | Interest on debentures is a charge against profits |
Answer» B. Debentures can be forfeited for non-payment of call money. |
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