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.
1.8k
0
Do you find this helpful?
5

View all MCQs in

Financial Accounting

Discussion

No comments yet