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Debenture holders are :...

Debenture holders are :

A

Owners of the Company

B

Debtors of the Company

C

Creditors of the Company

D

Promoters of the Company

Text Solution

Verified by Experts

The correct Answer is:
C
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Debentures

Fill in the blanks with appropriate words: (i) Debentures are ________ of the company. (ii) Debenture -holders are _______ of the company. (iii) Debenture Accounts is always credited with the __________ value of the debentures. (iv) Interest on debentures is paid whether the company ________ or ________ (v) An entry may or may not be passed in the Books of Accounts for Debentures issued as ________ (vi) _______ is not paid on Debentures issued as collateral security. (vii) ______ is written off in the year when debentures are issued. (viii) Discount or Loss on Issues of Debentures is written off in the year when debentures are issued first from _______ (ix) A company has Loss on Issue of Debentures of Rs 50,000. It has a balance in Securities Premium Reserve of Rs 25,000. It will debit _______ by Rs 25,000 and ______ by Rs 25,000 in the year of issue. (x) A company has issued 5,000 7% Debentures of Rs 100 each at a price at Rs 94. It will credit 7% Debentures Account by ________ (ix) A company has issued 5,000, 7% Debentures of Rs 100 each at a price of Rs 94. It will pay interset on debentures @ ________ on _______ (xii) Discount or Loss on Issues of Debentures Account will not have _______ at the year end.

Knowledge Check

  • Debenture holders of a company are its

    A
    shareholders
    B
    creditors
    C
    debtors
    D
    directors

  • Debenture holders of a company are its ___________.

    A
    Shareholders
    B
    Creditors
    C
    Debtors
    D
    Directors

  • Debenture holders of a company are its :

    A
    shareholders
    B
    creditors
    C
    debators
    D
    directors

    • Similar Questions

    Explore conceptually related problems

    (i) Debentures are________ of the company. (ii) Debenture - holders are ___________ of the company. (iii) Debentues Account is always credited with the__________ value of the debentures. (iv) Interest on debentures is paid whether the company _________ or _____________. (v) An entry may or amy not be passed in the Books of Account for Debentures issued as ___________. (vi) ________ is not paid on Debentures issued as collateral security. (vii) __________ is written off in the year when debentures are issued (viii) Discount or Loss on Issue of Debentures is written off in the year when debentures are issued first from __________ . (ix) A company has loss on Issue of Debentures of Rs.50,000 . It has a balance in Securities Premium Reserve of Rs. 25,000. It Will debit_______ by Rs.25,000 and __________ by Rs.22,000 in the year of issue. (x) A company has issued 5,000 , 7% Debentures of Rs. 100 each at a price of Rs.94 . It will credit 7% Debentures Account by ____________. (xi) A company has issued 5,000 , 7% Debentures of Rs. 100 each at a price of Rs.94 . It will credit 7% Debentures @ ____________ on ____________. (xii) Discount or Loss on Issue of Debentures Account will not have __________ at the year end.

    The debenture holders of a company are its -----

    The debenture holders of a company are its -----

    A debenture holder in entitled to :

    Debentures are part of

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