a preference share is one which enjoys a preferential right regarding payment of ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

Related MCQs

• Gross assets are 1,01,000, fictitious assets 350 are included in the gross assets. External liabilities are 7,500. 6% preference share capital is 45,000. Equity capital is 4,500 equity shares of 10 each fully paid. Average expected profit is 8,500. Transfer to reserves is 10% preference dividend is payable. NRR is 9%. The Net Asset Value Per share is ___________.
• Those preference shares which do not carry the right of share in excess profits are known as ------- preference shares.
• If the preference shareholder agree to sacrifice the arrear off preference dividend, it is credited to:
• No company limited by shares shall issue any preference share which is redeemable after the expiry of …….. years from the date of issue.
• Preference share holders are entitled to a fixed rate of -------
• Any excess amount paid to preference share holders is debited to ------ --- account
• The original amount of preference share capital should be transferred to ............ account in the time of amalgamation in the books of vendor co.
• The original amount of preference share capital should be transferred to ............ account in the time of amalgamation in the books of vendor co.
• Shares which carry preferential rights are called ------
• Which of the following is not a preferential creditors: