The Debenture is treated as the same as a loan. It has a fixed rate of interest which the firm pays after every completed year. The debenture has a fixed maturity date.
Meaning of Debenture:
The Debenture is the type of loan or debt instrument which is issued in the market to subscribe to the public. It is not taken from any individual institution. It is Issued like equity or preference shares in the market for purchase and sale to the number of subscribers. Like every type of loan, it also has a fixed rate of interest which will be paid by the company to the subscriber of these debentures. The subscriber of the debenture is known as the Debenture holder.
Definition of Debenture:
“Debenture includes debentured stock, bonds, and any other instrument of the company evidencing a debt, whether constituting a charge on the assets of the company or not.”
– Section 2(30) of the Companies Act, 2013
“A debenture is a document given by a company as evidence of a debt to the holder usually arising out of a loan and most commonly secured by a charge.”
-Topham
Check out the full article: –
Debenture – Meaning, Definition, Features, and types
Chapter No. 2 – Issue of Debentures Unimax Publications Class 12 Part 2- Solution
The question-wise solution to all Questions of Chapter No. 2 – Issue of Debentures Unimax Publications Class 12 Part 2- Solution are shown below: –
Question No 1 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 X Ltd. issued 1,200, 12% debentures of ...
Question No 2 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 XYZ Limited issued 10,000, 10% debentures of ...
Question No 3 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 S. Ltd issued 2,000, 8% Debentures of ...
Question No 4 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 A company issued 4,000, 14% debenture of ...
Question No 5 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 On 15.2.2022 ‘A’ Ltd. invited application for ...
Question No 6 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 Koinal Chemicals Ltd, issued 15,00,000, 10% debenture ...
Question No 7 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 A Limited company made an issue ...
Question No 8 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 A Ltd. issued 2,000, 9% Debenture of ...
Question No 9 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 A Ltd. purchased an established business for ...
Question No 10 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 Newton Ltd. purchase a Machinery from B ...
Question No 11 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 Reliance Ltd. purchased machinery costing ₹ 1,35,000 ...
Question No 12 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 XY Ltd. purchased machinery for ₹ 2,97,000 ...
Question No 13 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 Wash Well Ltd. purchased furniture for ₹ ...
Question No 14 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 A Ltd. took over assets of ₹ ...
Question No 15 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 D Ltd. purchased machinery worth ₹ 2,00,000 ...
Question No 16 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 X Textiles acquired assets of ₹ 1,50,000 ...
Question No 17 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 X Ltd. purchased assets of Y Ltd ...
Question No 18 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 Sahil Ltd. purchased sundry assets costing ₹ ...
Question No 19 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 Suvidha Ltd. purchases machinery worth ₹ 1,98,000 ...
Question No 20 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 X Ltd. took over the assets of ...
Question No 21 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 Pass the necessary journal entries in the ...
Question No 22 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 Journalise the transactions given below:I. A debenture ...
Question No 23 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 Journalise the following transactions.(1) X Ltd. issues ...
Question No 24 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 On 1.1.2022 fast computer Ltd. issued 20,00,000, ...
Question No 25 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 Pass the journal entries to record the ...
Question No 30 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 Nagoke sports Ltd. issued 15,000; 10% debentures ...
Question No 31 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 Tajinder Ltd. issued 21,000, 10% debentures of ...
Question No 32 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 On 1st April, 2021, Reetu Ltd. issued ...
Question No 33 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 Ricky Ltd. took over assets of ₹ ...
Question No 34 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 On 1-4-2021, Riya Ltd. issued 30,000 8% ...
Question No 35 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 Jassi Ltd. issue don 1st April, 2021, ...
Question No 36 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 Muskan Ltd. issued on 1st April, 2021, ...
Question No 37 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 On 1st April, 2021, Sneha Ltd issued ...
Question No 38 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 On 1st April, 2021, Ashok Ltd. issued ...
Question No 39 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 Savita Ltd. issued 10,000, 8% debentures of ...
Question No 40 Chapter 2 - UNIMAX Class 12 Part 2 - 2021 On 1st April, 2019, Sun India Ltd ...
