Question

In case the company is solvent interest on debentures
is to be paid up to
OPTIONS
O a.
the date of payment
b.
the date of winding up
C.
31 march year ended
O d.
none of the above​

Answer 1

Answer:

none of the above.

Explanation:

Plz mark me as the BRAINLEAST

Answer 2

In case the company is solvent interest on debentures is to be paid to D. None of the above.

When a company is solvent why is its interest on debentures is not paid up to the date of payment or the date of winding up or on 31st march year-end?

• When a company can pay all its outside liabilities it is said to be a solvent company.
• For an insolvent company the interest on debentures should be paid only at the date of winding up the company.
• Interest on debenture are those which should be paid even if the company does not have any profit. It is an expense to the organization or a company.
• Interest on debentures is paid on its face value which is done at a fixed rate.