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Answer in one sentence only. What is Preference shares? - Book Keeping and Accountancy

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Answer in one sentence only.

What is Preference shares?

एक पंक्ति में उत्तर
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उत्तर

Preference Shares is a type of a share which enjoys priority or preference over equity share for the repayment of dividend at a predetermined fixed rate and for the repayment of capital.

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अध्याय 8: Company Accounts - Issue of Shares - Exercise 8.1 (Objective Questions) [पृष्ठ ३४०]

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बालभारती Book-Keeping and Accountancy [English] Standard 12 Maharashtra State Board
अध्याय 8 Company Accounts - Issue of Shares
Exercise 8.1 (Objective Questions) | Q 1. (E) 1. | पृष्ठ ३४०
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