Accounting · Company Accounts - Debentures
Match List–I with List–II: List I (a) Secured debentures (b) Bonds (c) Bearer debentures (d) Naked debentures List II (i) Are a form of long-term debt and can be referred to as a debt security. (ii) Are debentures which do not carry any charge on the assets of the company. (iii) Are secured by a charge on the whole or a part of the assets of the company. (iv) Are treated as negotiable instruments and are transferable by delivery alone. Select the correct match sequence:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1a - (iii), b - (i), c - (iv), d - (ii)✓
- 2a - (iii), b - (ii), c - (i), d - (iv)
- 3a - (i), b - (ii), c - (iii), d - (iv)
- 4a - (iv), b - (iii), c - (ii), d - (i)
Correct answer
a - (iii), b - (i), c - (iv), d - (ii)
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