Question

    Which of the following is not a feature of

    debentures?
    A It is fixed income security Correct Answer Incorrect Answer
    B The interest paid on debenture is charged to profit and loss account Correct Answer Incorrect Answer
    C It is part of net owned capital of the company Correct Answer Incorrect Answer
    D All of the above Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Debentures is a fixed income security and part of debt capital of a company and not the net worth/net owned funds. Lot of notes, questions and class discussions on this topic

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