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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12
Textbook Solutions8116
Concept Notes14
Syllabus

What is a share? - Accountancy

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Question

What is a share?

One Line Answer

Solution

The capital of a company is divided into small units of a fixed amount. These units are called shares. There are two types

  1. Preference shares and
  2. Equity shares.
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Meaning and Types of Shares
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Q II 1.
Chapter 7: Company accounts - Very short answer questions [Page 257]

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Samacheer Kalvi Accountancy [English] Class 12 TN Board
Chapter 7 Company accounts
Very short answer questions | Q II 1. | Page 257

RELATED QUESTIONS

A preference share is one

  1. which carries preferential right with respect to payment of dividend at fixed rate
  2. which carries preferential right with respect to payment of capital on winding up

State the differences between preference shares and equity shares.


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