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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is a debenture?
💡 Hint: Think about what a company uses to borrow money.
Question 2
Easy
Name one type of debenture.
💡 Hint: Recall the classifications we discussed.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is a debenture?
💡 Hint: Think of it like a receipt for a loan.
Question 2
Convertible debentures can be converted into:
- Equity Shares
- Bonds
- Savings Accounts
💡 Hint: Think about what it means to convert.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
A company issues ₹200,000 worth of 10% debentures at a premium of 10%. What are the total funds received, and show the journal entries.
💡 Hint: Calculate the total funds first.
Question 2
A company has issued defaulting debentures. Explain the steps involved in handling default of debenture repayment.
💡 Hint: Consider what actions are required to address defaults.
Challenge and get performance evaluation