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Share or debenture?

Exercise and reference answers

Left
Share
Items
  1. Item
    Owned capital
    Answer
    Share
  2. Item
    Pays dividend
    Answer
    Share
  3. Item
    No fixed maturity
    Answer
    Share
  4. Item
    Borrowed capital
    Answer
    Debenture
  5. Item
    Pays interest
    Answer
    Debenture
  6. Item
    Usually secured
    Answer
    Debenture
Right
Debenture
Instructions
Swipe left for shares, right for debentures.

Explanation

_Source: syllabus Accountancy, Ch 2 'Issue and Redemption of Debentures'_
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