CUET Accountancy - Identify the methods of Redemption of Debenture from the following. (A) By conversion into shares or new debenture (B) Purchase in open market (C) Sinking fund (D) Payment in instalments (E) Payment in lump-sum Choose the correct answer from the options given below : | PYQs + Solutions

CUET Accountancy 2022 23 Aug Shift 2

Company Accounts

Medium

(A), (B) and (C) only

(A), (B), (C) and (D) only

(A), (B), (D) and (E) only

(C), (D) and (E) only

✅ Correct Option: 3

Related questions:

30 May Shift 1

Match List-I with List-II

List-I	List-II
(A) These debentures refer to those debentures where a charge is created on the assets of the company for the purpose of payment in case of default.	(I) Bearer Debentures
(B) These debentures are those which are payable on the expiry of the specific period either in lump sum or in installments during the lifetime of the company.	(II) Zero Coupon Rate Debentures
(C) These debentures do not carry a specific rate of interest.	(III) Redeemable Debentures
(D) These debentures are the debentures which can be transferred by way of delivery and the company does not keep any record of the debentures interest on the debentures that is paid to a person who produces the interest coupon attached to such debentures.	(IV) Secured Debentures

Choose the correct answer from the options given below:

4 June Shift 2

Debentures which are transferable by mere delivery are:

20 Aug Shift 2

Match List I with List II

List I	List II
A. Excess of purchase consideration over value of net assets	I. Issue Debentures as collateral security
B. Excess of net assets over purchase consideration	II. Goodwill
C. Debenture Suspense Account	III. Issue of Debentures for consideration other than cash
D. Assets received against Debentures	IV. Capital Reserve

Choose the correct answer from the options given below:

CUET Accountancy 2022 23 Aug Shift 2 PYQs