Match List-I with List-II.

List-I	List-II
(A) Discount on reissue of Shares	(I) Securities Premium Account
(B) Premium on redemption of Debentures	(II) Capital Reserve Account
(C) Premium on issue of Debentures	(III) Share Forfeiture Account
(D) Balance of Share Forfeiture Account	(IV) Loss on Issue of Debenture Account

Choose the correct answer from the options given below:

If a company issue Rs. 1,00,000, 9% debentures of Rs. 100 each at discount of 5% but redeemable at premium of 5% then what amount will be debited to Loss on Issue of Debentures Account?

"If the company fails to repay the loan along with interest, the lender is free to receive his money from the sale of the primary security and if the realisable value of the primary security falls short to cover the entire amount, the lender has the right to invoke the benefit of additional security whereby debentures may either be presented for redemption or sold in the open market".

Identify the type of issue of debentures stated in the above statement.

Match List-I with List-II

Choose the correct answer from the options given below:

Discount on issue of 8% debentures is shown in the balance sheet as

When the number of Debentures applied for is more than the number of debentures offered to public, the issue is said to be:

Which of the following is true 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) Redeemable debentures are those debentures which are payable on the expiry of the specific period.

Choose the correct answer from the options given below: