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On liquidation of company, principal amo...

On liquidation of company, principal amount of debentures is returned :

A

First of All

B

Last of All

C

Before Equity Capital

D

After Equity Capital

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Verified by Experts

The correct Answer is:
C
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Ms Meenakshi invested Rs. 32,400 in buying certain shares of a company. If the amount of dividend received by her is Rs. 4860, then find the rate of return.

A limeited company issued ₹ 1,00,000, 9% Debentures at a discount of 6% on 1st April, 2017, These debentures are to be redeemed equally, spead over 5 annual instalments. Pass the Journal entries for issue of debentures and writing off the discount.

DK GOEL-ISSUE OF DEBENTURES-MULTIPLE CHOICE QUESTIONS
  1. Interest payable on debentures is :

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  2. A debenture holder in entitled to :

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  3. On liquidation of company, principal amount of debentures is returned ...

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  4. Which of the following statement is false ?

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  5. Which of the following is not a characteristic of Bearer Debentures ?

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  6. Which of the following statement is false ?

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  7. Which of the following statement is false :

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  8. The Principal amount of debentures will be rapaid by the company eithe...

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  9. The debentures whose principal amount is not repayable by the company ...

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  10. Debenture Application Account is in the nature of

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  11. Discount on issue of Debentures is in the nature of

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  12. Premium received on issue of debentures may be utilised for :

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  13. A' Limited purchased the assets from 'B' Limited for .Rs 5,40,000. 'A'...

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  14. A' Limited purchased the assets from 'B' Limited for .Rs 5,40,000 . 'A...

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  15. A' Limited purchased the assets from 'B' Limited for .Rs 8,10,000. 'A'...

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  16. Debentures of a Company can be issued :

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  17. On issue of debentures as a collateral security, which account is cre...

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  18. Debentures issued as collateral security will be debited to :

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  19. When debentures of .Rs 1,00,000 are issued as Collateral Security agai...

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  20. Interest on debentures issued as a collateral security is paid on :

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