CUET Accountancy - 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. | PYQs + Solutions

CUET Accountancy 2025 13 May Shift 2

Company Accounts

Medium

Convertible Debentures

Perpetual Debentures

Zero Coupon Rate Debentures

Specific Coupon Rate Debentures

✅ Correct Option: 3

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Debenture suspense is shown in the balance sheet as

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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.

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Match List-I with List-II

List-I	List-II
(Type of Debentures)	(Characteristic of Debenture)
(A) Secured Debentures	(I) do not have a specific charge on assets of the company
(B) Redeemable Debentures	(II) do not carry a specific rate of interest
(C) Zero Coupon Rate Debentures	(III) are payable on the expiry of the specific period
(D) Unsecured Debentures	(IV) a charge is created on the assets of the company

Choose the correct answer from the options given below:

CUET Accountancy 2025 13 May Shift 2 PYQs

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