Why are irredeemable debentures also known as perpetual debentures? (C.B.S.E. Sample Paper. 20I8). Post category:Accountancy Reading time:1 mins read SOLUTION Irredeemable debentures are called perpetual debentures because these are not repayable during the life span 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 entry may be passed when debentures are issued as Collateral Security? Next PostAmount raised by a company by debenture is loan or capital? You Might Also Like What do you mean by Convertible Preference Shares? September 28, 2022 X, Y and Z are sharing profits and losses in the ratio of 5 : 3 : 2. They decide to share future profits and losses in the ratio of 2 : 3 : 5 with effect from 1st April, 2019. They also decide to record the effect of the following accumulated profits, losses and reserves without affecting their book values by passing a single entry . July 27, 2022 What can be the minimum number of partners in a firm? September 23, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
X, Y and Z are sharing profits and losses in the ratio of 5 : 3 : 2. They decide to share future profits and losses in the ratio of 2 : 3 : 5 with effect from 1st April, 2019. They also decide to record the effect of the following accumulated profits, losses and reserves without affecting their book values by passing a single entry . July 27, 2022