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Preference shares have preference over ordinary shares with respect to dividend payments and in the event of liquidation i.e. payments are made to preference share holders before any payments are made to holders of ordinary shares. Preference shares usually carry a fixed dividend amount, are usually callable at the option of the issuing company and generally have no voting rights. They may also have an option for conversion to ordinary shares. Detailed answer here: http://financenmoney.in/types-of-share/
If the deposit for shares does not meet the definition of liability i.e. there is no obligation to pay back then it should be treated as equity.
If the deposit for shares does not meet the definition of liability i.e. there is no obligation to pay back then it should be treated as equity.
you do not use proper english
chedder
Cheddar
Share is treated as liability. It is not treated as asset. shares is called as share capital. capital is entered in the liabilities side of the balance sheet.
dividends are taxed at same rate as income so higher the income the more prone are you to tax payments
England (the clue is in the question)
Cumulative shares are when the shares are combined and then evenly distributed to the share holders. Non cumulative preference shares are when they go to certain people first.
A place where you can buy and sell shares of stock is usually called a "stock exchange" in English and a bourse in French.
Pence is the plural of Penny and it is English. The name "Penny" comes from the Old English "Pennige" which shares the same linguistic root as the German "Pfennig".