Tamil Nadu Board of Secondary EducationHSC Commerce Class 12th

What is a share? - Accountancy

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One Line Answer

What is a share?

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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.
Concept: Meaning and Types of Shares
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APPEARS IN

Tamil Nadu Board Samacheer Kalvi Class 12th Accountancy Answers Guide
Chapter 7 Company accounts
Very short answer questions | Q II 1. | Page 257
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