{"id":86053,"date":"2021-10-07T18:08:00","date_gmt":"2021-10-07T12:38:00","guid":{"rendered":"https:\/\/www.kopykitab.com\/blog\/?p=86053"},"modified":"2021-10-11T21:03:52","modified_gmt":"2021-10-11T15:33:52","slug":"ts-grewal-class-12-accountancy-solutions-vol-2-chapter-9","status":"publish","type":"post","link":"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-12-accountancy-solutions-vol-2-chapter-9\/","title":{"rendered":"TS Grewal Class 12 Accountancy Solutions Vol 2 Chapter 9 &#8211; Issue of Debentures 2021-22"},"content":{"rendered":"\n<p><img class=\"alignnone size-full wp-image-136181\" src=\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/05\/Chapter-9-Issue-of-Debentures.jpg\" alt=\"TS Grewal Class 12 Accountancy Solutions Vol 2 Chapter 9 - Issue of Debentures\" width=\"1200\" height=\"675\" srcset=\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/05\/Chapter-9-Issue-of-Debentures.jpg 1200w, https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/05\/Chapter-9-Issue-of-Debentures-768x432.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><span data-preserver-spaces=\"true\"><strong>TS Grewal Class 12 Accountancy Solutions Vol 2 Chapter 9: <\/strong>Class 12 Chapter 9 is all about Issue of Debentures. In this chapter you will get to know the important topics regarding debentures. Our experts team have created these solutions for your upcoming Class 12 board exams in the detailed manner. You can esaily donwload the free PDF for TS Grewal Class 12 Accountancy Solutions Vol 2 Chapter 9.\u00a0<\/span><\/p>\n<ul>\n<li>Read More: <a href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-12-accountancy-solutions\/\" target=\"_blank\" rel=\"noopener\">TS Grewal Class 12 Solutions\u00a0<\/a><\/li>\n<\/ul>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_47_1 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"ez-toc-toggle-icon-1\"><label for=\"item-69d4c259f2bf8\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-69d4c259f2bf8\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-visibility-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-12-accountancy-solutions-vol-2-chapter-9\/#download-ts-grewal-class-12-accountancy-solutions-vol-2-chapter-9-pdf\" title=\"Download TS Grewal Class 12 Accountancy Solutions Vol 2 Chapter 9 PDF\u00a0\u00a0\">Download TS Grewal Class 12 Accountancy Solutions Vol 2 Chapter 9 PDF\u00a0\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-12-accountancy-solutions-vol-2-chapter-9\/#detailed-topics-%e2%80%93-ts-grewal-class-12-accountancy-solutions-vol-2-chapter-9\" title=\"Detailed Topics &#8211; TS Grewal Class 12 Accountancy Solutions Vol 2 Chapter 9\u00a0\u00a0\">Detailed Topics &#8211; TS Grewal Class 12 Accountancy Solutions Vol 2 Chapter 9\u00a0\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-12-accountancy-solutions-vol-2-chapter-9\/#ts-grewal-class-12-accountancy-solutions-vol-2-chapter-9-%e2%80%93-sample-questions\" title=\"TS Grewal Class 12 Accountancy Solutions Vol 2 Chapter 9 \u2013 Sample Questions\u00a0\u00a0\">TS Grewal Class 12 Accountancy Solutions Vol 2 Chapter 9 \u2013 Sample Questions\u00a0\u00a0<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-12-accountancy-solutions-vol-2-chapter-9\/#faq-ts-grewal-class-12-accountancy-solutions-vol-2-chapter-9-%e2%80%93-issue-of-debentures\" title=\"FAQ:\u00a0 TS Grewal Class 12 Accountancy Solutions Vol 2 Chapter 9 &#8211; Issue of Debentures\">FAQ:\u00a0 TS Grewal Class 12 Accountancy Solutions Vol 2 Chapter 9 &#8211; Issue of Debentures<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-12-accountancy-solutions-vol-2-chapter-9\/#what-is-the-public-issue-of-debentures\" title=\"What is the public issue of debentures?\">What is the public issue of debentures?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-12-accountancy-solutions-vol-2-chapter-9\/#what-is-the-difference-between-share-and-debenture\" title=\"What is the difference between share and debenture?\">What is the difference between share and debenture?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-12-accountancy-solutions-vol-2-chapter-9\/#can-any-company-issue-debentures\" title=\"Can any company issue debentures?\">Can any company issue debentures?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-12-accountancy-solutions-vol-2-chapter-9\/#who-has-the-authority-to-issue-debentures\" title=\"Who has the authority to issue debentures?\">Who has the authority to issue debentures?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"download-ts-grewal-class-12-accountancy-solutions-vol-2-chapter-9-pdf\"><\/span><span data-preserver-spaces=\"true\">Download TS Grewal Class 12 Accountancy Solutions Vol 2 Chapter 9 PDF\u00a0\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/04\/TS-Grewal-Class-12-Accountancy-Solutions-Vol-2-Chapter-9.pdf\">TS Grewal Class 12 Accountancy Solutions Vol 2 Chapter 9<\/a><\/p>\n<div id=\"example1\" style=\"text-align: justify;\">\u00a0<\/div>\n<p style=\"text-align: justify;\"><style>\n.pdfobject-container { height: 500px;}<br \/>\n.pdfobject { border: 1px solid #666; }<br \/>\n<\/style><\/p>\n<p style=\"text-align: justify;\"><script src=\"https:\/\/www.kopykitab.com\/_utility\/js\/pdfobject.min.js\"><\/script><br \/><script>PDFObject.embed(\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/04\/TS-Grewal-Class-12-Accountancy-Solutions-Vol-2-Chapter-9.pdf\", \"#example1\");<\/script><\/p>\n<h2><span class=\"ez-toc-section\" id=\"detailed-topics-%e2%80%93-ts-grewal-class-12-accountancy-solutions-vol-2-chapter-9\"><\/span><span data-preserver-spaces=\"true\">Detailed Topics &#8211; TS Grewal Class 12 Accountancy Solutions Vol 2 Chapter 9\u00a0\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Debenture:- it is a document issued by a company under its common seal acknowledging the debt and it also contains the terms of repayment of debt and payment of interest at a specified rate.\u00a0\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Types of Debentures:-\u00a0\u00a0<\/span><\/p>\n<ol>\n<li><span data-preserver-spaces=\"true\">Convertible debentures: these Debentures can be converted into equity shares of issuing company after a predetermined period.\u00a0\u00a0<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Secured debentures: these instruments are secured by a charge on the fixed assets of the issuer company.\u00a0\u00a0<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Unsecured debentures: these instruments are unsecured in the sense that if the defaults on payment of the interest or principal amount, the investor is treated like another creditor of the company.\u00a0\u00a0<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Redeemable Debentures: these are debentures that are redeemed or paid off after the termination of the fixed term.\u00a0<\/span><\/li>\n<\/ol>\n<p><span data-preserver-spaces=\"true\">Issue of Debentures as Cash\u00a0\u00a0<\/span><\/p>\n<ol>\n<li><span data-preserver-spaces=\"true\">For purchase of assets\u00a0\u00a0<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">For the issue of Debentures\u00a0\u00a0<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">If Debentures are issued at par\u00a0\u00a0<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">If Debentures are issued at a premium\u00a0\u00a0<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">If Debentures are issued at a discount\u00a0\u00a0<\/span><\/li>\n<\/ol>\n<p><span data-preserver-spaces=\"true\">Issue of Debentures as collateral security: additional or secondary security in addition to the primary security. Sometimes, when a company takes a loan from a Financial institution besides the primary security, the company may issue debentures for additional security or as collateral security.\u00a0\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"ts-grewal-class-12-accountancy-solutions-vol-2-chapter-9-%e2%80%93-sample-questions\"><\/span><span data-preserver-spaces=\"true\">TS Grewal Class 12 Accountancy Solutions Vol 2 Chapter 9 \u2013 Sample Questions\u00a0\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">In this section, the students will get TS Grewal Class 12 Accountancy Solutions Vol 2 Chapter 9 sample questions along with the answers.\u00a0\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\"><strong>Q1. Give the meaning of Debentures.<\/strong>\u00a0\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">A. Debenture is an instrument issued by a company acknowledging a debt. It has the terms of repayment of principal and interest. According to Section 2(30) of the Companies Act 2013, Debenture including debenture stock, bind, or any other instrument of a company evidencing a debt whether constituting a charge on the assets of the company or not.\u00a0\u00a0<\/span><\/p>\n<p><strong>Q2. Define Redeemable and irredeemable Debentures.\u00a0\u00a0<\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">A. Debentures issued at par, at a premium, or discounts may be redeemed either at par or at a premium. If the debenture is redeemed at a premium, the premium payable at the time of redemption is provided in the books of account at the time of issue following the prudence Concept of accounting.\u00a0\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Irredeemable Debentures are also called Perpetual Debentures. These are the Debentures that are not repayable during the lifetime of a company.\u00a0\u00a0<\/span><\/p>\n<p><strong>Q3. How is discount or loss on the issue of Debentures written off?\u00a0\u00a0<\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">A. Discount of loss on Issue of Debentures is a capital, which should be written off at the earliest but within the tenure of the debentures, i.e., it should be written off within the period the debentures are to be redeemed. The company thus may write off discount or loss on issue of Debentures at any time before the Debentures are due for redemption.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Discount is Loss on the issue of Debentures written off us a part of the Finance Cost in the Statement of Profit and Loss. Discount or Loss on Issue of Debentures may be written off following any of the following options:-\u00a0\u00a0<\/span><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">It may be written off in the first year itself;\u00a0\u00a0<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">It may be written off over the tenure (life) of the debentures.\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\">We have included complete information regarding\u00a0<a href=\"http:\/\/www.cbse.gov.in\/\" target=\"_blank\" rel=\"noopener\">CBSE<\/a> TS Grewal Class 12 Accountancy Solutions Vol 2 Chapter 9 &#8211; Issue of Debentures. If you have any questions feel free to ask in the comment section.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"faq-ts-grewal-class-12-accountancy-solutions-vol-2-chapter-9-%e2%80%93-issue-of-debentures\"><\/span><span data-preserver-spaces=\"true\">FAQ:\u00a0 TS Grewal Class 12 Accountancy Solutions Vol 2 Chapter 9 &#8211; Issue of Debentures<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1633610191912\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"what-is-the-public-issue-of-debentures\"><\/span>What is the public issue of debentures?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Issue of Debentures to the public is one of the\u00a0methods by which companies raise the fund and in return, the companies offer interest to the public\u00a0which is termed as Debenture Interest.\u00a0<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1633610209015\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"what-is-the-difference-between-share-and-debenture\"><\/span>What is the difference between share and debenture?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Share is the capital of the company, but Debenture is\u00a0the debt of the company.\u00a0<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1633610209905\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"can-any-company-issue-debentures\"><\/span>Can any company issue debentures?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, a Private Company can issue bonds\/debenture under the Companies Act 2013.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1633610210945\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"who-has-the-authority-to-issue-debentures\"><\/span>Who has the authority to issue debentures?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Board of Directors\u00a0Power to issue debentures.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>TS Grewal Class 12 Accountancy Solutions Vol 2 Chapter 9: Class 12 Chapter 9 is all about Issue of Debentures. In this chapter you will get to know the important topics regarding debentures. Our experts team have created these solutions for your upcoming Class 12 board exams in the detailed manner. You can esaily donwload &#8230; <a title=\"TS Grewal Class 12 Accountancy Solutions Vol 2 Chapter 9 &#8211; Issue of Debentures 2021-22\" class=\"read-more\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-12-accountancy-solutions-vol-2-chapter-9\/\" aria-label=\"More on TS Grewal Class 12 Accountancy Solutions Vol 2 Chapter 9 &#8211; Issue of Debentures 2021-22\">Read more<\/a><\/p>\n","protected":false},"author":244,"featured_media":136181,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":""},"categories":[2985,73693,73712,73410],"tags":[75091,62019,75094],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/86053"}],"collection":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/users\/244"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/comments?post=86053"}],"version-history":[{"count":5,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/86053\/revisions"}],"predecessor-version":[{"id":137641,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/86053\/revisions\/137641"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/media\/136181"}],"wp:attachment":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/media?parent=86053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/categories?post=86053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/tags?post=86053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}