Lecture

Company Accounting Authorized Shargon enceinte Authorized shargon upper-case earn is the amount of sh argon capital that the limited union is allowed to recognise out of the c put upt to raise capital. Issued treat Capital The issued share capital of a company is the total nominative value of the shares of a company which subscribe been issued to shareholders. Called up parting 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 gainful in full by shareholders. Paid-up capital is fundamentally the portion of current stock that the company has issued and received payback for. Ordinary Shares The ordinary ones are not authorize to a fixed rate of dividend, and its even not infallible that they get dividend. But Ordinary share holders are the further owners of the company having voting rights and the right to attend annual universal 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 diachronic period when sufficient pull ins are available. Non-Cumulative preference shares If the pelfs of a company are insufficient in any gradation to meet the dividend on pre! ference shares, and the shares are non cumulative, the holders of these shares will get all or part of their dividend for that year. Participating preference shares The holders are given the right to participate in the distribution of usefulness beyond the stated rate of dividend payable on the shares if the take in is more than adequate for the ordinary shareholders dividend. Redeemable preference shares A company may...If you want to get a full essay, put it on our website: BestEssayCheap.com

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