Lecture

Company Accounting Authorized Shargon smashing Authorized shargon upper-case earn is the amount of sh be capital that the limited union is allowed to go in out of the c put upt to raise capital. Issued parting Capital The issued sh atomic number 18 capital of a company is the total token(a) value of the shares of a company which subscribe been issued to shareholders. Called up role capital Value of the issued shares which have remained fully or partly un gainful, and whose holders have now been called upon to pay the balance. Paid up Share Capital The total amount of shareholder capital that has been nonrecreational in full by shareholders. Paid-up capital is basically the portion of sure stock that the company has issued and received allowance for. Ordinary Shares The ordinary ones are not authorize to a fixed rate of dividend, and its even not necessary that they get dividend. But Ordinary share holders are the adept owners of the co mpany having voting rights and the right to attend annual habitual meetings. Preference Shares Preference share are empower to a fixed rate of dividend but are not the authorized owners and neither have the right to elect the directors of the company.

Preference shares are further broken up into different types, which are as follows: Cumulative preference shares Holders of cumulative preference shares are entitled to have any arrears of dividend paid to them in future past period when sufficient pull ins are available. Non-Cumulative preference shares If the pelfs of a company are insufficient in a ny shape to meet the dividend on preferenc! e shares, and the shares are non cumulative, the holders of these shares will dawdle all or part of their dividend for that year. Participating preference shares The holders are given the right to participate in the distribution of wampum beyond the stated rate of dividend payable on the shares if the earnings is more than adequate for the ordinary shareholders dividend. Redeemable preference shares A company may...If you want to get a full essay, situate it on our website: BestEssayCheap.com

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