CUET Accountancy - Debentures can be issued at (A) Par (B) Premium (C) Discount (D) Transaction value Choose the correct answer from the options given below: | PYQs + Solutions

CUET Accountancy 2025 22 May Shift 2

Company Accounts

Easy

common

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

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

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

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

✅ Correct Option: 2,3

Related questions:

14 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Secured Debentures	(I) Which are payable on the expiry of the specific period either in lump sum or in instalments during the life time of the company.
(B) Unsecured Debentures	(II) Debentures where a charge is created on the assets of the company for the purpose of payment in case of default.
(C) Redeemable Debentures	(III) These debentures are repayable on the winding-up of a company or on the expiry of a long period.
(D) Irredeemable Debentures	(IV) Debentures do not have a specific charge on the assets of the company.

Choose the correct answer from the options given below:

2 June Shift 2

Debenture suspense is shown in the balance sheet as

13 May Shift 2

When debentures are issued at par and redeemable at a premium, the premium payable on redemption is debited to:

CUET Accountancy 2025 22 May Shift 2 PYQs