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Disclosure of Share Capital

Do we separat...

Question

Do we separately disclose equity and preference shares issued?

A

Yes

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B

No

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C

Partially Yes

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D

None of these

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Solution

The correct option is A
Yes

Yes, we show equity shares issued as equity share capital and preference shares as preference share capital.

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Similar questions

Q. Preference shares are called securities, as these shares have the features of equity shares and debentures.

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Q. N Ltd. had 9,000, 8% preference shares of Rs. 100 each, fully paid up. The company decided to redeem these preference shares at par by the issue of sufficient number of equity shares. How many equity shares are required to be issued if new equity shares are to be issued at Rs. 10 each?

Q. What is the difference between Equity Shares and Preference Shares?

Q. S Ltd. had 9,000, 8% preference shares of Rs. 100 each, fully paid up. The company decided to redeem these preference shares at par by the issue of sufficient number of equity shares. How many equity shares are required to be issued if new equity shares are to be issued at Rs. 12 for a premium including Rs. 2?

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