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4 cards from this section. Quick, good the night before a test.
What are equity shares?
Think about what happens to dividends as company profits change.
Define Face Value.
Consider what you see printed on the stock certificate.
What are equity shares?
Think about how dividends change based on profits.
True or False: Preference shareholders receive dividends after equity shareholders.
Consider who gets paid first in business.
A company issues 1,000 equity shares of ₹100 face value at a premium of ₹20. Calculate the total funds raised and explain the journal entries.
Remember to calculate the premium and how it affects cash flow.
Illustrate the entries for redeeming ₹50,000 debentures at a 10% premium after 5 years. Explain the importance of redemption reserves.
Consider the calculations of premium and how it impacts financial records.
6 more questions in this section. Enroll free to practise them all.
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