Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Issue and Redemption of Debentures

Question:

Match List-I with List-II

List-I

List-II

(A) Debenture of Rs 100 issued at Rs 110.

(I) Debenture as collateral security.

(B) Debenture of Rs 100 issued at Rs 100.

(II) Debenture issued at Premium

(C) Debenture of Rs 100 issued at Rs 90.

(III) Debenture issued at par.

(D) Debenture issued to the lender in addition to some other assets already pledged.

(IV) Debenture issued at Discount.

Choose the correct answer from the options given below:

Options:

(A)-(II), (B)-(III), (C)-(I), (D)-(IV)

(A)-(II), (B)-(III), (C)-(IV), (D)-(I)

(A)-(I), (B)-(II), (C)-(IV), (D)-(III)

(A)-(III), (B)-(IV), (C)-(I), (D)-(II)

Correct Answer:

(A)-(II), (B)-(III), (C)-(IV), (D)-(I)

Explanation:

The correct answer is Option (2) → (A)-(II), (B)-(III), (C)-(IV), (D)-(I)

List-I

List-II

(A) Debenture of Rs 100 issued at Rs 110.

(II) Debenture issued at Premium

(B) Debenture of Rs 100 issued at Rs 100.

(III) Debenture issued at par.

(C) Debenture of Rs 100 issued at Rs 90.

(IV) Debenture issued at Discount.

(D) Debenture issued to the lender in addition to some other assets already pledged.

(I) Debenture as collateral security.