12th Class Accountancy Accounting For Share Capital Question Bank MCQs - Accounting for Share Capital

  • question_answer
    Which shareholders have a right to receive the arrears of dividend from future profits?

    A) Redeemable Preference Shares

    B) Participating Preference Shares

    C) Cumulative Preference Shares

    D) Non-cumulative Preference Shares

    Correct Answer: C

    Solution :

    [c] Cumulative Preference Shares


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