Debentures issued with a fixed or a floating charge on the assets of the company are called ‐‐‐‐‐‐‐‐‐‐‐ debentures

Related MCQs

• When charge is created against specific assets of the company, it is called ‐‐‐‐‐‐‐‐‐‐‐‐‐ charge.
• -------- debentures are secured by a charge on the assets of the company.
• Debentures repayable after a fixed period of a time are called ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ debentures.
• A charge created not on specific assets but generally on all assets is known as………….
• When debentures are issued as a consideration of purchase of assets …………. Is debited.
• Gross assets are 1,01,000, fictitious assets 350 are included in the gross assets. External liabilities are 7,500. 6% preference share capital is 45,000. Equity capital is 4,500 equity shares of 10 each fully paid. Average expected profit is 8,500. Transfer to reserves is 10% preference dividend is payable. NRR is 9%. The Net Asset Value Per share is ___________.
• Fixed assets and current assets are categorized as per concept of:
• …………debentures are secured by the assets of the company
• Unsecured debentures are called as ……………….debentures
• Unsecured debentures are otherwise known as……. Debentures