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Debenture Redemption Methods - Class XII

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Multiple Choice

Which of the following statements is false?

  1. At maturity, debenture holders get back their money as per the terms and conditions of redemption.
  2. Debentures cab be forfeited for non payment of call money.
  3. In company's balance sheet, debentures are shown under secured loans.
  4. Interest on debentures is charged against profits.