Page 1 - HA ISSUE OF DEB
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CLASS -XII
ACCOUNTANCY
HOME ASSIGNMENT – ISSUE OF DEBENTURES
1. Debenture holders are :
(A) Owners of the Company
(B) Debtors of the Company
(C) Creditors of the Company
(D) Promoters of the Company
2. Equity Share Capital represent the :
(A) Long-term Borrowings of a Company
(B) The Investment of Equity-Shareholders
(C) Directors’ shares in a company
(D) Short-term Borrowings of a Company
03.Zero Coupon Bonds are issued :
(A) At Zero Interest Rate
(B) With Specified Rate of Interest
(C) Without Specified Rate of Interest
(D) None of These
04. Interest payable on debentures is :
(A) an appropriation of profits of the company
(B) a charge against profits of the company
(C) transferred to sinking fund investment account
(D) transferred to general reserve
05. A debenture holder is entitled to :
(A) Fixed dividend
(B) Share in profits
(C) Voting rights in the company
(D) Interest at the fixed rate
