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P2 C2 ACCOUNTING FOR DEBENTURES — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP2 C2 ACCOUNTING FOR DEBENTURES1 Mark
MCQ
Before due date when debentures are to be converted into shares, equity shares cannot be issued$…..…$
  • A
    premium
  • ✓
    discount
  • C
    at par value
  • D
    none 0f the given
✓

Answer

Correct option: B.
discount

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