Which A/c is credited for transfer of interest on Debenture Redemption Fund Investment?

Debentures are issued at a discount. In which of the following the difference between their nominal value and the issue price is treated as the amount of interest.

According to section ....... of The Companies Act, 2013 'Debenture' includes debenture inventory, bonds and any other securities of a company whether constituting a charge on the assets of the company or not.

When the number of Debentures applied for is more than the number of debentures offered to public, the issue is said to be:

Which of the following is true about debentures-

(A) Debenture is a part of owned capital.

(B) The payment of interest on debentures is a charge on the profits of the company.

(C) The debentures cannot be issued at a discount of more than 10% of the face value.

(D) Redeemable debentures are those debentures which are payable on the expiry of the specific period.

Choose the correct answer from the options given below:

Read the following facts about shares and debentures.

(A) Both shares and debentures can be issued by a company for raising long term funds.

(B) Both shares and debentures can be issued for consideration other than cash.

(C) Both shares and debentures can be issued at premium

(D) Debentures can be converted into shares and shares can be converted into debentures

(E) Dividend is paid on shares and debentures both

Choose the correct answer from the options given below :

The following journal entry appears in the books of X Co. Ltd.

Debentures issued at discount of ______ and redeemable at a premium of ______.