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easyMCQCUET Accountancy 2025 13 May Shift 12026CUET Accountancy
1 mark

Debentures are convertible into which of the following?

  1. A
    Debts
  2. B
    Reserves
  3. C
    Shares
  4. D
    Non-performing assets

Solution & Step-by-step Explanation

Convertible debentures are type of corporate debt instruments that carry an option giving the holder the right to convert their holdings into equity shares of the issuing company after a specified period of time at a predetermined rate. Therefore, debentures can be converted into shares.

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Debentures are convertible into which of the following?
A
Debts
B
Reserves
C
Shares
D
Non-performing assets

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Company AccountsDebentures

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