Class 12 Accountancy - Company Accounts and Analysis of Financial Statements - Chapter Issue and Redemption of Debentures NCERT Solutions | Explain the different types of debenture
Explain the different types of debentures?
Types of Debenture
1. Secured and Unsecured: Secured debenture creates a charge on the assets of the company, thereby mortgaging the assets of the company. Unsecured debenture does not carry any charge or security on the assets of the company.
2. Registered and Bearer: A registered debenture is recorded in the register of debenture holders of the company. A regular instrument of transfer is required for their transfer. In contrast, the debenture which is transferable by mere delivery is called bearer debenture.
3. Convertible and Non-Convertible: Convertible debenture can be converted into equity shares after the expiry of a specified period. On the other hand, a non-convertible debenture is those which cannot be converted into equity shares.
4. First and Second: A debenture which is repaid before the other debenture is known as the first debenture. The second debenture is that which is paid after the first debenture has been paid back.
More Questions From Class 12 Accountancy - Company Accounts and Analysis of Financial Statements - Chapter Issue and Redemption of Debentures
- Q:- What is meant by a Debenture?
- Q:-
What is ‘Capital Reserve’?
- Q:-
State the meaning of ‘Debentures issued as a collateral security’.
- Q:-
Can the company purchase its own debentures?
- Q:-
What is meant by ‘Issue of debenture at discount and redeemable at premium?
- Q:-
What is discount on issue of debentures?
- Q:-
Describe the steps for creating Sinking Fund for redemption of debentures.
- Q:-
What does a Bearer Debenture mean?
- Q:-
What is a ‘Convertible Debenture’?
- Q:-
What is meant by a ‘Irredeemable Debenture’?
Popular Questions of Class 12 Accountancy - Company Accounts and Analysis of Financial Statements
- Q:-
What do you mean by Ratio Analysis?
- Q:-
List the techniques of Financial Statement Analysis.
- Q:-
State the meaning of financial statement analysis?
- Q:-
What are various types of ratios?
- Q:-
Distinguish between Vertical and Horizontal Analysis of financial data.
- Q:-
What are limitations of financial statement analysis?
- Q:-
What relationships will be established to study?
(a) Inventory Turnover (b) Debtor Turnover
(c) Payables Turnover (d) Working Capital Turnover - Q:-
State the meaning of Analysis and Interpretation.
- Q:-
List any three objectives of analysing financial statements?
- Q:-
The liquidity of a business firm is measured by its ability to satisfy itslong-
term obligations as they become due. What are the ratios used forthis purpose?
Recently Viewed Questions of Class 12 Accountancy - Company Accounts and Analysis of Financial Statements
- Q:-
What is the importance of comparative statements? Illustrate youranswer with particular reference to comparative income statement.
- Q:-
What do you mean by Ratio Analysis?
- Q:-
How will you disclose the following items in the Balance Sheet of a company;
(i) Loose tools
(ii) Uncalled liability on partly paid-up shares
(iii) Debentures redemption reserve
(iv) Mastheads and publishing titles (v) 10% debentures
(vi) Proposed dividend
(vii) Share forfeited account
(viii) Capital redemtion reserve
(ix) Mining rights
(x) Work-in-progress - Q:-
What are liquidity ratios? Discuss the importance of current and liquid ratio.
- Q:-
What do you mean by Common Size Statements?
- Q:-
Prepare the format of balance sheet and explain the various elements of balance sheet.
- Q:-
State the meaning of financial statement analysis?
- Q:-
State the meaning of Analysis and Interpretation.
- Q:-
Explain the usefulness of trend percentages in interpretation of financial performance of a company.
- Q:-
How would you study the Solvency position of the firm?
- All Chapters Of Class 12 Accountancy - Company Accounts and Analysis of Financial Statements
- All Subjects Of Class 12