CA CPT Model Test Paper 13 with solutions for online practice

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Question : 39 of 200

Marks: +1, -0

Which of the following statement is false?

At maturity, debenture holders get back their money as per the terms and conditions of redemption.
Debenture can be forfeited for non-payment of call money.
In company's balance sheet, debentures are shown under non current liability.
Interest on debentures is charged against profits

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