Accountancy, asked by PragyaTbia, 1 year ago

Which preference shares are called cumulative preference shares? (Answer in one sentence)

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Answered by Anonymous
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PREFERENCE SHARE IN WHICH UNPAID DIVIDEND IN A YEARS GET ACCUMULATED AND ADDED IN THE DIVIDEND OF THE NEXT YEAR ARE CALL.
Answered by Anonymous
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Answer ;- Shares which have the privilege of profit of an organization even in those years in which it makes no benefit are called combined inclination share .

Extra information :-
Preference shares , additionally called favored offers, are so-named in light of the fact that favored investors have a higher case on the issuing organization's advantages than basic investors. In the most extraordinary case, this implies favored investors must be paid for their enthusiasm for the organization before regular investors in case of organization chapter 11 and liquidation.
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