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Class 12 Accounting Accounting for Debentures Notes and Important Questions

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Notes for Class 12 Accounting for Debentures (Accounting) are shown above.

Practice

Important Questions

1
Short5mModel Question · Set B

B.P Company Ltd issued 5,000, 9% Debenture of Rs. 100 each at 10% discount and redeemable at 10% premium after 5 years.

Required: Journal Entries for issue and redemption of debentures

2
Short1mModel Question · SET

What do you understand by debenture?

3
Short1mModel Question · SET

Write in brief the meaning of convertible debentures.

4
Short1mModel Question · SET

State the features of debenture.

1
ShortModel Question · SET

A Company Ltd. issued 4,000 debentures of Rs. 100 each at par. These debentures were redeemed after 5 years at 10% premium.

Required: Entries for issue and redemption of debentures.

2
ShortModel Question · SET

A Company Ltd. issued 5,000, 9% debentures of Rs. 100 each and redeemable at 5% premium after 10 years.

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Exam

Past Question Analysis

Historical exam-pattern data from past NEB question papers — not a prediction of future questions.

3

Question Items

4

Total Marks

3

Papers Appeared In

YearQuestion ItemsMarks
20821—
208112
208012

Also appears in 8 model questions (not counted above — model sets aren't actual NEB exam history).

This page covers Accounting for Debentures, chapter 3 of 15 in the Class 12 Accounting syllabus set by the National Examination Board (NEB). 7 important questions for this chapter are available, each with a full solution.

For subjects like this one, examiners tend to reuse similar question patterns year to year — comparing this chapter's important questions against recent old NEB papers is one of the more efficient ways to revise.