Discussion Forum : Issue And Redemption Of Debentures
Question -


Which of the following statements is false

Options:
A .   At maturity, debenture holders get back their money.
B .   Debentures can be forfeited for non-payment of call money
C .   In company's balance sheet, debentures are shown under the head Long Term Borrowings
D .   Interest on debentures is a charge against profit
Answer: Option B
:
B

Debentures cannot be forfeited for non-payment of call money.



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