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Accountancy · 2023 · 1 mark
CBSE 2023 · Region 5 · Set 1 · Q6
The debentures which are payable on the expiry of a specified period either in lump-sum or in instalments during the life time of the company are known as :ORWhich of the following statement is incorrect with respect to debentures ?
OR
Which of the following statement is incorrect with respect to debentures ?Official answer
From CBSE’s own marking scheme for this paper.
(a) → (C)
(b) → (B)
Marking-scheme solution
-- Redeemable Debentures
Q. Which of the following statement is incorrect ………………………
Ans. (B) -- Debentures cannot be issued at discount
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CBSE Class 12 Accountancy past-paper question from the 2023board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.