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प्रश्न
What is meant by participating preference shares?
उत्तर
Participating Preference Shares: The preference shares which get the share in the surplus profit of the company are known as participating preference shares. Preference shareholders get a fixed rate of dividend in case a surplus profit is left after paying a fixed dividend to preference and equity shares. The participating preference shares get a share in that surplus profit.
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संबंधित प्रश्न
Preference shares carry dividend at .......................... rate.
- Fixed
- Fluctuating
- Lower
State, with reason, whether the following statement is True or False.
Preference shareholders do not enjoy normal voting rights.
Write notes on Features of equity shares.
Write a letter to the debenture holder informing him/her about the conversion of debentures into equity shares.
Equity shares are paid dividend at ____________ rate.
Long Answer Question
What is a ‘Preference Share’? Describe the different types of preference shares.
Rajan Ltd . purchased assets from Geeta & Co . for ₹ 5,00,000. A sum of ₹ 1,00,000 was paid by means of a bank draft and for the balance due Rajan Ltd. issued equity Shares of ₹ 10 each at a premium of 25%. journalise the above transactions in the books of the company.
SHARE STOCK
According to Companies Act company cannot issue its share at ________.
Which of the following statement is incorrect about Preference Shares?