Company account preference share and debentures

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Redemption of Preference Shares & Issue of Debentures

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Company Accounts Redemption of Preference Shares & Issue of Debentures

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Company Accounts Redemption of Preference Shares

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INDEX What are Preference Shares ? What is the meaning of Redemption ? Companies Act and Redemption of Preference Shares Accounting entries in different situations Quiz Summary

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What are Preference Shares

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What are Preference Shares? Preference Shares have preferential rights: a) Payment of Dividend b) Repayment of Capital No voting powers Fixed rate of dividend Redeemable

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Equity Shares

vs

Preference Shares

Have voting rights

No voting rights

No fixed dividend rate

Fixed rate of dividend

Equity Dividend after preference dividend

Preference dividend paid first

No arrears of dividend

Arrears of dividend

Non redeemable

Redeemable

Repayment of capital - last

Repayment of capital before equity

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Redemption of Preference Shares

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What is Redemption ? Pay back Date of maturity Premium or Par Provisions of Companies Act Availability of Funds

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