Redemption Of Debentures CBSE Questions & Answers

When new share are issue at a discount share capital account should be credit

What is the advantage of redemption of debentures by purchase in the open market

Central Government provides guidelines to _____________

While making payment to debenture holder on redemption which account should be credited

In view of the provisions of the section ____ of the companies act requiring creation of DRR

In view of the provisions of the section ____ of the companies act requiring creation of DRR it is not possible to redeem debentures

Every year a part of loss on Issue of debentures will be written off by debiting

When new share are issue at a premium. Debenture holder account should be debited

At the time of conversion of convertible debentures into shares no transfer is required from _____ to DRR

At the time of conversion of convertible debentures into shares no transfer is required from P and L Appropriation account to

If the debentures are issued at a discount and are being redeemed by converting them into share the provision of section ____ of companies act

Discount on issue of debentures must be written off

At the time of making due the amount payable to debenture holders in this situation Discount on Issue of Debentures Account should be ____ with the amount of discount which has not yet been written off and Profit and Loss account should be ___ with the amount of discount which has already been written off

At the time of making due the amount payable to debenture holders in this situation _____ should be Credited with the amount of discount which has not yet been written off and _____should be Credited with the amount of discount which has already been written off

While passing the journal entry for conversion of debentures which were originally issued at discount and were redeemable at par into share before maturity. Profit and Loss account should be credited with