________________ are repayable only at the time of closing down a company.

Redeemable Debentures

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Irredeemable debentures

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Convertible Debentures

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None of these

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Solution

The correct option is B
Irredeemable debentures

Irredeemable debentures are repayable only at the time of closing down a company.

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Similar questions

Q. debentures are repayable only at the time of closing down a company.

On 1st April, 2012, a Limited Company issued $11 %$ Rs 10,00,000 debentures at a discounr of $6 %$ repayable at the end of 5 years at par. Pass journal entries for the issue of debentures and prepare Discount on Issue of debentures Account for five years. Assume that the accounts are closed on 31st March every year.

Q. A hire purchase company charges

5 %

SI per annum on goods sold under instalment scheme. An article priced Rs.

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was hire purchased with a down payment of Rs.

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. If the company allows only

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monthly instalments for repayment, find the monthly instalment amount to be paid.

A Ltd Company issued Rs 5,00,000 Debentures at a discount of $5 %$ repayable at par by annual drawings of Rs 1,00,000.
Make the necessary ledger accounts in the books of the company for the first year.

A. Ltd. Company issued Rs,5,00,000 Debentures at a discount of 5% repayable at par by annual drawings of Rs.1,00,000.

Make the necessary ledger accounts in the books of the company for the first year.

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________________ are repayable only at the time of closing down a company.

The correct option is B Irredeemable debentures Irredeemable debentures are repayable only at the time of closing down a company.

The correct option is B
Irredeemable debentures

Irredeemable debentures are repayable only at the time of closing down a company.