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 :

Related MCQs

• 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 :
• On liquidation of company, principal amount of debentures is returned :
• The portion of the Authorized Capital which can be called-up only on the liquidation of the Company is called:
• . …………..shares are repayable after the expiry of the fixed period or at the option of the company.
• . Unsecured debentures are called as ……………….debentures
• The balance sheet of the debentures sinking fund after redemption of debentures is credited at the end of the accounting period to:
• . …………..debentures can be transferred only with the knowledge of the company.
• Interest on debentures and unsecured loan is payable upto the date of actual payment
• A merchant sends out his goods casually to his dealers on approval basis. All such transactions are, however, recorded as actual sales and are passed through the sales book. On 31st March, it was found that 100 articles at a sale price of ` 200 each sent on approval basis were recorded as actual sales at that price. The sale price was made at cost plus 25%. The amount of stock on approval will be amounting
• As on 31st March, 2017 debtors and additional bad debts are ` 8,00,000 and ` 10,000 respectively. If the provision for bad debts is made at 5% on debtors then amount of such provision will be