Which statements are wrong about debentures? (A) Debenture is a part of owned capital. (B) The debentures cannot be issued at a discount of more than…
CUET UG 2025 — Accountancy Company Accounts
Which statements are wrong about debentures?
(A) Debenture is a part of owned capital.
(B) The debentures cannot be issued at a discount of more than 10% of the face value.
(C) Debentures cannot be converted into shares.
(D) Redeemable debentures are those debentures, which are payable on the expiry of the specific period.
Choose the correct answer from the options given below:
Held on 13 May 2025 · Verified 13 Jul 2026.
Options
- A
(A), (B) and (D) only
- B
(A), (B) and (C) only
- C
(A), (B), (C) and (D)
- D
(B), (C) and (D) only
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