Question :

Nirula's Ltd. has 10,000; 9% Debentures of  Rs. 100 each redeemable on 31st March, 2026. The period of Operating Cycle is 24 months. In the Balance Sheet as at 31st March, 2020, such debentures will be shown as----------------- under the head --------------------------

Option 1: Long term borrowing and non-current liabilities 

Option 2: Short term borrowing and current liabilities

Option 3: Trade payable 

Option 4: None of the above 

Question : If any long-term borrowings (Debentures ) redeemable after 15 years from the date of issue are shown as

Option 1: Short – term Borrowings

Option 2: Other Long-term Liabilities

Option 3: Long -term Borrowings.

Option 4: Other current liabilities 

Question : 'Loan', 'Loan on Mortgage' and 'Bank Loan' are____________therefore, these should not be included in______________.

Option 1: Short term borrowing, current liabilities

Option 2: Long term borrowing, non- current liabilities

Option 3: Long term borrowing, current liabilities

Option 4: None of the above

Question :

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 : Working capital is the difference between 

Option 1: Total debt and long term debt 

Option 2: Liquid assets and current liabilities 

Option 3: Current assets and current liabilities 

Option 4: Total assets and current liabilities