Advertisements
Advertisements
प्रश्न
Explain different Kinds of Preference shares.
उत्तर
There are eight types of preference shares:
- Cumulative Preference shares: As the word indicates, all dividends are carried forward until specified.
- Non-cumulative Preference shares: These are the opposite of cumulative.
- Redeemable Preference shares: Such preference shares can be claimed after a fixed period or after giving due notice. ,
- Non-Redeemable Preference shares: Such shares cannot be redeemed during the lifetime of the company.
- Convertible Preference shares: The shares can be converted into equity shares after a time period.
- Non-convertible Preference shares: Non-convertible preference shares cannot be, at any time, converted into equity shares.
- Participating Preference shares.
- Non-Participating Preference shares.
APPEARS IN
संबंधित प्रश्न
Yogeshwari Co.Ltd. Ambajogai made an issue of 20000 equity shares of ₹ 20 each , payable as follows :
Application ₹ 5 per share ;
Allotment ₹ 10 per share ;
First call ₹ 3 per share ,
Second and final call ₹ 2 per share.
The company received applications for 25000 shaes of which application for 5000 shares were rejected and money refunded.
All the shareholders paid upto second and final call , except Dhiraj , the allotee of 200 shares who faied to pay the final call.
Pass journal entries in the books of Yogeshwari Co. Ltd, Ambajogai.
Give one word/term/phrase for the following statement.
The person who purchase the shares of a company.
Give one word/term/phrase for the following statement.
The shares having preferential right at the time of winding up of the company.
State true or false with reason.
Once the application money is received, directors can immediately proceed for allotment of shares.
State true or false with reason.
Joint-stock company form of the business organisation came into existence after industrial revolution.
State whether you agree or disagree with following statement:
Shares can be issued for consideration other than cash.
Company received excess application for 5000 shares @ ₹4 per share. Applications of 1000 shares were rejected and pro-rata allotment was made. Calculated the amount of application money adjusted with allotment.
For which type of capital a company pays the prescribed fees at the time of registration?
10,000 equity shares of ₹ 100 each issued and fully subscribed and called-up at 20% premium. Calculate equity share capital and share premium amount.
