Home › CBSE Class 12 (Commerce) › Accountancy › Accounting for Companies: Debentures › During the life of a company, the amount of shar…
During the life of a company, the amount of shares is normally what?
ANot returned to holders
BRedeemed at the holder's option
CRepaid in yearly instalments
DRepaid after a fixed period
Answer & Solution
Correct answer: A. Not returned to holders
Share capital stays with the company during its life, whereas debentures are repaid on expiry of their term.
Related questions
Compared with convertible debentures, non-convertible ones usually carry what?In the United Kingdom, a debenture is usually what?In United States usage, what does debenture specifically mean?Debenture holders usually lack which right at a company's general meetings?1,00,000 face value of debentures is converted into Rs 10 shares issued at Rs 2.50 premiumA firm cancels debentures of Rs 20,000 face value bought at 92 percent. How much cash doesDebentures of Rs 20,000 face value are bought at Rs 92 per Rs 100 and cancelled. What is tProfit on buying back debentures below par is finally transferred to what?