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Complete the debenture rule

Exercise and reference answers

Missing parts
  1. Answer
    borrowed
    Choices
    1. borrowed
    2. owned
    3. reserve
  2. Answer
    premium
    Choices
    1. premium
    2. discount
    3. loss
Complete the statement
A debenture is part of {0} capital, and a redeemable one may be repaid at par or at a {1}.
Instructions
Drag a word into each gap to finish the sentence.

Explanation

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