Give any two characteristics of debenture. Post category:Accountancy Reading time:1 mins read SOLUTION 1. A debenture is issued by a Company in the form of a Certificate, which is a written acknowledgement of debt taken by the Company.2. A debenture is issued under the seal of the company. Please Share This Share this content Opens in a new window Twitter Opens in a new window Facebook Opens in a new window Google+ Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhat is meant by a Debenture? Next PostClassify debentures from the point of view of security. You Might Also Like The Debt Equity ratio of a company is 1: 2. State whether ‘Issue of bonus shares’ will increase, decrease or not change the Debt Equity Ratio. (C.B.S.E. 2019, M.P.; 2020 Mumbai. Chennai) October 3, 2022 Name any one line item that can be shown under the major heading “Assets” in a Company’s Balance Sheet. September 30, 2022 Dinkar, Navita and Vani were partners sharing profits and losses in the ratio of 3: 2: 1. Navita died on 30th June, 2017. Her share of profit for the intervening period was based on the sales during that period, which were Rs. 6,00,000. The rate of profit during the past four years had been 10% on sales. The firm closes its books on 31st March every year. Calculate Navita’s share of profit. (CBSE 2019) August 4, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
The Debt Equity ratio of a company is 1: 2. State whether ‘Issue of bonus shares’ will increase, decrease or not change the Debt Equity Ratio. (C.B.S.E. 2019, M.P.; 2020 Mumbai. Chennai) October 3, 2022
Name any one line item that can be shown under the major heading “Assets” in a Company’s Balance Sheet. September 30, 2022
Dinkar, Navita and Vani were partners sharing profits and losses in the ratio of 3: 2: 1. Navita died on 30th June, 2017. Her share of profit for the intervening period was based on the sales during that period, which were Rs. 6,00,000. The rate of profit during the past four years had been 10% on sales. The firm closes its books on 31st March every year. Calculate Navita’s share of profit. (CBSE 2019) August 4, 2022