Question

Q.34. Identify the source of finance highlighted in the following cases :-
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(a) It is a permanent source of capital and is not redeemed during the life of the company.
(b) It facililates the purchase of goods and services without making immediate payment.
(c) In case of winding up of the company, the capital is refunded after payment of debentures
but before payment of equity shareholders.
(d) This source put a permanent obligation on the company to pay interest every year
irrespective of profit.
(e) Their holders enjoy right to vote and right to receive dividend.
(f) This source is also known as plouging back of profits.​

Answer 1

Answer:

a equity share capital

b trade credit

c preference share capital

d debentures

e equity share capital

f retained earnings/ reserves

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Answer 2

hope it helps you

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mndbhdir