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CUET Accountancy 2022 PYQs30 Aug Shift 2. Free, no login required.

Company Accounts

past year questions, CUET Accountancy 2022 30 Aug Shift 2

Debentures

past year questions, Company Accounts, CUET Accountancy 2022 30 Aug Shift 2

Medium

Match List I with List II

LIST I: Basis of DebentureLIST II: Types of Debenture
A.TenureI.Zero coupon rate
B.Interest rate point of viewII.Irredemable
C.SecurityIII.Registration
D.BearerIV.Secured

Choose the correct answer from the options given below:

Solution

✅ Correct Option: 3

Tenure basis gives Irredeemable debentures (A-II). Interest rate point of view gives Zero coupon rate (B-I). Security basis gives Secured debentures (C-IV). Bearer relates to Registration basis (D-III).

Related questions:

2026: 24 May Shift 1

NT Ltd. purchased machinery worth Rs 3,60,000 from RELY Ltd. The payment is to be made by the issuance of 12% debentures of Rs.100 each at 10% discount. Number of Debentures issued by NT Ltd. are:

2025: 2 June Shift 2

Debenture suspense is shown in the balance sheet as

2023: 28 May Shift 1

XYZ Ltd. issues 10% debentures of Rs. 12,00,000 of Rs. 100 each at a discount of 10% which will be repayable after 6 years. What type of debenture it is ?

2026: 21 May Shift 1

Debentures which can be transferred by way of delivery and the company does not keep any record of the debentureholders. Interest on debentures is paid to a person who produces the interest coupon attached to such debentures. Identify the type of debenture being discussed in above statement.

2026: 29 May Shift 1

X Ltd. purchased an asset of book value of Rs. 4,00,000 and took over the liability of Rs. 50,000 from Y Ltd. It was agreed that the purchase consideration, settled at Rs. 3,80,000, will be paid by issuing debentures of Rs. 100 each at a discount of 10 % . How many debentures will be issued by X Ltd. to Y Ltd.?

2026: 13 May Shift 1

Match List-I with List-II

List-IList-II
(A) Debentures transferable by mere delivery(I) Zero Coupon Debentures
(B) Debentures where a charge is created on the assets of the company for the purpose of payment in case of default(II) Bearer Debentures
(C) Debentures which are payable on the expiry of the specific period(III) Secured Debentures
(D) Debentures which do not carry a specific rate of interest(IV) Redeemable Debentures

Choose the correct answer from the options given below:

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CUET Accountancy Past Year Questions (Topic-Wise)