Question

49. Debenture can be issued
O a. for consideration other than cash
O b. Only for Cash
c. in lieu of dividend
d. None of the above​

Answer 1

Explanation:

Debentures can be issued for non-cash considerations. The company may have purchased assets from some vendors or acquired some other business. Then instead of paying cash, the company may issue debentures to such vendors. Such an issue for debentures can be at par, or for a discount or at a premium.