CBSEClass 12AccountancyIssue and Redemption of Debentures
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1. Sources of finance of the redemption of debentures are:

2. A company issued 1,000, 12% debentures of ₹ 100 each at 10% premium. 12% stand for:

3. A company should transfer to Debenture Redemption Reserve A/c at least what percent of the amount of debentures issued before the commencement of redemption of debentures-

4. If redemption of debentures is made by conversion method, the amount to be transferred to ‘Debenture Redemption Reserve Account’ will be equal to…….percent of converted amounted.

5. Loss on Issue of Debenture Account is shown:

6. Profit on sale of Sinking Fund Investment is transferred to:

7. Premium on Redemption of Debentures A/c is:

8. Interest on sinking fund investment is credited to :

9. Sinking fund investment is:

10. When debentures are issued at par and are redeemable at a premium, the loss on such an issue is debited to :

Practice more on Issue and Redemption of Debentures
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