Q. Which of the following statements is false? (Solved)
1. At maturity, debenture holders get back their money.
2. Debentures can be forfeited for non-payment of call money.
3. In company’s balance sheet, debentures are shown under the head Long term Borrowings.
4. Interest on debentures is a charge against profits
- b. Debentures can be forfeited for non-payment of call money.