Advertisements
Advertisements
प्रश्न
Answer in one Sentence only :
What is meant by convertible preference share?
उत्तर
Preference shares are those shares which are given priority over equity shareholders in respect of payment of dividend and repayment of capital on winding up. Preference shares that can be converted into equity shares at a given future date, according to agreed terms and conditions, are known as convertible preference shares.
APPEARS IN
संबंधित प्रश्न
Securities premium can also be utilized for three other purposes besides
1) 'Issuing fully paid bonus shares' an
2) 'Buyback of shares'. State those purposes.
X Ltd. redeemed 1,000 6% Debentures of Rs 100 each by converting them into equity shares of Rs 100 each. The 6% Debentures were redeemable at a premium of 5% for which the Equity shares were issued as a premium of 25%. Pass the necessary journal entries for the redemption of the above mentioned debentures in the books of X Ltd.
Shares are always issued at par.
A gift given by a legal representative as per the will is called ________.
Answer in one Sentence only :
What is authorised capital?
Answer in one Sentence only :
State the meaning of issued capital.
Answer in one Sentence only :
Which preference shares are called cumulative preference shares?
Give one word / Term / phrase for the following statement :
Capital stated in the capital clause of Memorandum of Association.
Give one word / Term / phrase for the following statement :
The portion of subscribed capital which has not yet been called up.
Give one word / Term / phrase for the following statement :
Preference share on which arrears of dividend accumulate.
Give one word / Term / phrase for the following statement :
A preference share having right of conversion into equity.
Give one word / Term / phrase for the following statement :
The maximum amount beyond which a company is not allowed to raise funds.
Give one word / Term / phrase for the following statement :
The capital on which dividend is paid.
Give one word / Term / phrase for the following statement :
Shares having first right on surplus assets at the time of liquidation.
Select the most appropriate answer from the alternatives given below and rewrite the sentence :
Nominal value of shares allotted to the public is called _____________ capital.
Select the most appropriate answer from the alternatives given below and rewrite the sentence :
The document inviting offers from public to subscribe its share is called _____________.
Under which of the following heading at liabilities side of the company's balance sheet, the balance in 'Calls-in-Advance' account is shown?
Assertion (A): Authorised share capital is not issued to the public at once.
Reason (R): Companies do not exhaust their authorised capital in the beginning but only a part of the authorised capital is issued for public subscription. Rest of the authorised capital is raised by the company in a phased manner depending on the need for funds.
A company has:
The liability of members in a company is ______.
Assertion (A): The equity shareholders are paid dividend on the shares held by them.
Reason (R): As the equity shareholders are the owners and dividend form their earning.
