Question :
Debentures, whether issued for cash or for consideration other than cash, may be issued:
Option 1: at par
Option 2: at premium
Option 3: at discount
Option 4: All of the above
Correct Answer: All of the above
Solution : Answer = All of the above
Debentures, regardless of whether they are issued for cash or for consideration other than cash, can be issued at par (equal to their nominal value), at a premium (above their nominal value), or at a discount (below their nominal value). Therefore, all of the options listed are correct. Hence, the correct option is 4.
Debentures may be issued:
Option 1: for Cash
Option 2: for consideration other than Cash
Option 3: as Collateral Security
Question : Loss on issue of Debentures arises when
Option 1: Debentures are issued at par and redeemable at par
Option 2: Debentures are issued at a premium redeemable at par
Option 3: Debentures are issued at premium redeemable at premium
Dilate Ltd. issued 10,000, 6% Debentures of Rs. 100 each at a discount of Rs. 10. It will credit 6% of Debentures Account by
Option 1:
Rs. 11,00,000
Option 2:
Rs. 10,00,000
Option 3: Rs. 9,00,000
Option 4: Rs. 8,00,000
Question : Shares can be issued:-
Option 1: For cash only
Option 2: For credit only
Option 3: For cash or consideration other than cash
Option 4: For consideration other than cash only
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