Complete the debenture rule
Exercise and reference answers
- Missing parts
- Answer
- borrowed
- Choices
- borrowed
- owned
- reserve
- Answer
- premium
- Choices
- premium
- discount
- 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'_