Home
Class 11
BUSINESS STUDIES
Preference shareholders get preference o...

Preference shareholders get preference over equity share for :

A

Payment of dividend

B

Voting

C

Participation in management

D

None of these

Text Solution

Verified by Experts

The correct Answer is:
A
Promotional Banner

Similar Questions

Explore conceptually related problems

Preference Shares

Why are detergents preferred over soap?

Equity shareholders are called

(Issue of Two Classes of Shares). DSC Power Ltd. Offered to public on 1st April, 2019, 1,00,000 Equity Shares and 50,000 Preference Shares of Rs. 10 each payable as under: {:(,"Equity Shares (Rs.)","Preference Shares (Rs.)"),("On application"," 3"," 3"),("On allotment (1 st May)"," 3"," 4"),("On first and final call (1 st September)", " 4"," 3"):} Subscription was received for 1,20,000 Equity Shares and 45,000 Preference Shares. Applications for Preference Shares were accepted in full. Out of applications for Equity Shares, applications for 10,000 shares were rejected, applications for 85,000 shares accepted in full and 15,000 shares were allotted to the remaining applicants. All amounts were received except the amount due on call on 1,000 Equity Shares and 500 Preference Shares. Pass entries in the Cash Book and Journal.