Tag: preference shares
Questions Related to preference shares
When shares are not payable in a lump sum, third instalment is called ______________.
When shares are issued at a price higher than the face value, they are said to be issued at ____________.
Securities premium account must be shown separately on the liabilities side of the balance sheet under _______ with the account name _________.
When shares are not payable in a lump sum, second instalment is called ____________.
If the number of shares applied for is more than the number of shares issued the shares are said to be ____________.
If the numbers of shares issued for is more than the number of shares applied the shares are said to be ___________.
Preference share holders have a right to vote on every resolution of a company.
Preference shares carry preferential rights with respect to _____________.
Match List I with List II and select the correct answer using the codes given below the lists.
List I List II
A. Brand Equity 1. Tangible
B. Plant & Machinery 2. Current
C. Advances to suppliers 3. Intangible
D. Deferred revenue expenditure 4. Fictitious
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