Accounting for ...

When a company issue its debentures at discount, the amount of discount is considered as a:

A Debenture is acknowledgment of debt and a contract for the repayment of principal amount with_____

A debenture holder has no__________

A Company can issue its debentures at _________.

Which of the following statement is not correct?

Vinod Limited has 5,000, 11% Debentures which are to be redeemed within the 8 Months from the date of previous balance sheet. How will you show these debentures in the balance sheet?

Vinod Limited invited applications for 2,000, 11% Debentures @ 100 each. The issue was oversubscribed by 5 times. What is this situation called?

Name the security which is issued in addition to the principal security

Vinod Limited issued 1,000, 13% debentures of Rs.100 each at a premium of 10%. Applications were received for 950 debentures only. All applications were accepted and debentures were allotted. What amount is to be credited to the Securities Premium Account?

Vinod Limited issued 1,000, 13% debentures of Rs.100 each at a premium of 10%. Applications were received for 1500 debentures and pro-rata allotment was made to all the applicants. All applications were accepted and debentures were allotted. What amount is to be refunded to the applicants?