Home › CBSE Class 12 (Commerce) › Accountancy › Accounting for Companies: Debentures › Another name for irredeemable debentures is what?
Another name for irredeemable debentures is what?
APerpetual debentures
BBearer debentures
CZero coupon debentures
DNaked debentures
Answer & Solution
Correct answer: A. Perpetual debentures
The company gives no undertaking to repay them at a fixed time, hence they are called perpetual debentures.
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