In the balance sheet of a company , the discount on issue of debentures is shown under which heading

Related MCQs

• In the balance sheet of a company, the discount on issue of debentures is shown under which heading
• In the balance sheet of a company, debentures are shown under which heading
• ABC Ltd. makes payments to its Sundry Creditors through cheques and the Cash Discount received on these payments is recorded in the Triple-columnar Cash Book. In the event of dishonour of any such cheques, the discount so received should be written back through (i) A debit to discount column of the Cash Book (ii) A credit to discount column of the Cash Book (iii) A credit to bank column of the Cash Book (iv) A debit to Discount Account through Journal Proper (v) A credit to Creditor‘s Account through Journal Proper
• In the Balance Sheet of a company, under the heading share capital, at the last is shown :
• The amount of share premium received by the company is shown in the Balance Sheet under the heading:
• The balance sheet of the debentures sinking fund after redemption of debentures is credited at the end of the accounting period to:
• Debentures are shown in the balance sheet under head
• Debentures are shown in the balance sheet under the head ………..
• 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 :