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Give one word/term/phrase for the following statement. The shares on which dividend is not fixed. - Book Keeping and Accountancy

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Question

Give one word/term/phrase for the following statement.

The shares on which dividend is not fixed.

One Word/Term Answer

Solution

The shares on which dividend is not fixed. - Equity shares.

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Accounting for Share Capital
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Chapter 8: Company Accounts - Issue of Shares - Exercise 8.1 (Objective Questions) [Page 339]

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Balbharati Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
Chapter 8 Company Accounts - Issue of Shares
Exercise 8.1 (Objective Questions) | Q 1. (B) 7. | Page 339

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