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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
Which type of debenture can convert into share ?
  • A
    Bearer debenture
  • ✓
    Convertible debenture
  • C
    Non-convertible debenture
  • D
    Redeemable debenture
✓

Answer

Correct option: B.
Convertible debenture

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