Preference shares have priority over equity shares for

Related MCQs

• Redeemable Preference shares can be redeemed out of __________
• When Redeemable Preference shares are due for redemption, the entry passed is
• Which of the following can be utilized for the redemption of preference shares of a company out of profit:
• Which of the following cannot be utilized for the redemption of preference shares of a company
• If shares are bought back out of free reserves then a sum equal to nominal value of the shares so bought back is transferred to:
• After the issue of forfeited shares, balance of forfeited shares account Is transferred to
• The excess price received over the par value of shares, should be credited __________.
• Partners equity is effected due to:
• Maximum buy back limit in any year is ______ of total paid up equity capital and free reserves.
• Right share are not offered to the existing equity shareholders if: