The return on debenture is known as
Bonus
Dividend
Interest
None of these
The difference between purchase considerations and the value of net asset required is debited to _____ account.
Capital
Revenue
Fixed asset
Good will
The rate of payment of interest in debenture is ________.
Fixed
Flexible
Both fixed and flexible
What is the advantage of shareholders ?
Shares are secured on the asset
Shareholders are safe or no risk
Share holders have voting right
The term debenture has been derived from the Latin word, which means ______.
Borrow
Lending
Depositing
Over subscription
Over application
High demand
________debenture is secured either on a particular asset or on all the asset of the firm.
Mortgage Debenture
Naked debenture
Redeemable debenture
Irredeemable debenture
Some additional security in shape of debenture is called
Equity
Collateral
The repayment of the amount due on debentures to debenture holders is called
Collection of debentures
Discounting of debentures
Redemption of debenture
The excess of value of net asset over purchase consideration is credited to ________ account.
Surplus
Capital Reserve
Sundry asset