Debentures that carry a fixed maturity and must be repaid on or before a specified date (here after 6 years) are known as Redeemable Debentures. The company has a contractual obligation to redeem them on maturity.
XYZ Ltd. issues 10% debentures of Rs. 12,00,000 of Rs. 100 each at a discount of 10% which will be repayable after 6 years. What type of debenture it…
CUET UG 2023 — Accountancy Company Accounts
2023mcqeasy
XYZ Ltd. issues 10% debentures of Rs. 12,00,000 of Rs. 100 each at a discount of 10% which will be repayable after 6 years. What type of debenture it is ?
Official previous-year question
Held on 28 May 2023 · Verified 13 Jul 2026.
Options
- A
Zero Coupon Rate Bonds/Debenture
- B
Redeemable Debentures
- C
Convertible Debenture
- D
Irredeemable Debenture
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