Archive | Preference Shares

Redemption of Preference Shares | India | Company

In this article we will discuss about:- 1. Introduction to Redemption of Preference Shares 2. Companies (Amendment) Act 1988 and 1996 3. Sources 4. Proceeds of Fresh Issue. Introduction to Redemption of Preference Shares: A company cannot return its share capital to its shareholders during its life time without the permission of the Court (Sec. […]

Redemption of Preference Shares | India | Accounting

Here is a compilation of top four accounting problems on redemption of preference shares with its relevant solutions. Problem 1 (Redemption out of profit at premium): The following are the balance appearing in the books of Puri Cycles Ltd. as on 31st Dec. Share Capital Equity share capital 18, 00,000 Preference shares (fully paid) 9, […]

Top 8 Problems on Redemption on Preference Shares

The following points highlight the top eight problems on redemption on preference shares with their relevant solutions. Illustration 1: On 31st March, 2012 the balance sheet of Utopia Limited stood as follows: Illustration 2:  Following is the Balance Sheet of R. Ltd. as on March 31, 2012: Illustration 3: On 1st April, 2012 the following […]

Preference Shares: Types, Features and Advantages

After reading this article you will learn about Preference Shares:- 1. Types of Preference Shares 2. Features of Preference Shares 3. Advantages 4. Disadvantages. Types of Preference Shares: Preference shares are of the following types: (a) Cumulative Preference Shares: These shares have a right to claim dividend for those years also for which there are […]

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