CUET Accountancy - In the case of __________ the difference between the nominal value and the issue price is treated as the amount of interest related to the duration of the debentures. | PYQs + Solutions

CUET Accountancy 2025 3 June Shift 2

Company Accounts

Medium

common

Zero Coupon Debenture

Secured Debentures

Redeemable Debentures

Non-convertible Debentures

✅ Correct Option: 1

Related questions:

22 May Shift 2

Match List-I with List-II

List-I	List-II
(Particulars)	(Treatment)
(A) Issue of debentures as collateral security	(I) Vendor Account will be credited
(B) Issue of debenture to Public	(II) Debenture Suspense Account will be debited
(C) Issue of debentures to vendor for purchase of an Asset	(III) Statement of Profit and Loss will be debited
(D) Writting off Discount/Loss on Issue of Debentures	(IV) Bank Account will be debited

Choose the correct answer from the options given below:

15 May Shift 1

G.S. Rai company ltd. purchased assets of the book value of Rs. 98,000 from another firm. It was agreed that purchase consideration be paid by issuing 11% debentures of Rs. 100 each. Assume debentures have been issued at discount of 20%

Identify the number of debentures issued by the company to the vendor

30 May Shift 2

A compnay has issued 10% Debentures of Face Value of Rs. 5,00,000 as Collateral Security against Rs. 6,00,000, 12% Bank Loan. What amount of total interest will be paid by company for the whole year:-

CUET Accountancy 2025 3 June Shift 2 PYQs

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