Multiple Choice Questions on A Company issuing debentures with a maturity period of not more than hellip hellip hellip hellip hel........... for UPSC EPFO Exam Preparation

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Multiple Choice Questions

A Company issuing debentures with a maturity period of not more than hellip hellip hellip hellip hel...........

General Accounting Principles Accounting For Debentures
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    A Company issuing debentures with a maturity period of not more than …………….. need not create Debenture Redemption Reserve.

    2 months

    Incorrect Answer

    6 months

    Incorrect Answer

    12 months

    Incorrect Answer

    18 months

    Correct Answer
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    Explanation:

     A company has to create DRR in case of issue of debenture with maturity of more than 18 months.

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