CUET Accountancy - Which combination of following statements are Incorrect (False) 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) Debentures cannot be converted into shares. (E) Redeemable debentures are those debentures, which are payable on the expiry of the specific period. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Accountancy 2025 14 May Shift 1

Company Accounts

Medium

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

(A), (C) and (E) only

(A), (B), (C) and (E)

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

✅ Correct Option: 4

Related questions:

27 May Shift 2

Issue of Rs. 1,00,000, 9% debentures of Rs. 100 each at discount of 15% but redeemable at premium of 5%, the amount debited to loss on issue of debenture account is.

26 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Redeemable Debentures	(I) the debentures which can be transferred by way of delivery and the company does not keep any record of the debentures
(B) Convertible Debentures	(II) these debentures are issued with a specified rate of interest
(C) Specific Coupon Rate Debentures	(III) which are convertible into equity shares or in any other security either at the option of the company or the debentureholders
(D) Bearer Debentures	(IV) which are payable on the expiry of the specific period either in lump sum or in instalments during the life time of the company.

Choose the correct answer from the options given below:

14 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Unsecured Debentures	(I) These debentures are issued with a specified rate of interest.
(B) Redeemable Debentures	(II) These debentures do not have a specific charge on the assets of the company.
(C) Specific Coupon Rate Debentures	(III) These are those which are payable on the expiry of the specific period either in lump sum or in instalments during the life-time of the company.
(D) Bearer Debentures	(IV) The debentures which can be transferred by way of delivery and the company does not keep any record of the debentures.

Choose the correct answer from the options given below:

CUET Accountancy 2025 14 May Shift 1 PYQs

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