Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Issue and Redemption of Debentures

Question:
When the issue price of debentures is equal to the face value, then they are said to be issued at.........
Options:
Par
Premium
Discount
None of these
Correct Answer:
Par
Explanation:
Debentures are said to be issued at par when their issue price is equal to the face value.