What are the two types of shares which a Company can issue? Post category:Accountancy Reading time:1 mins read SOLUTION (i) Preference Shares, and (ii) Equity Shares. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhat is a share? Next PostWhat are preference Shares? You Might Also Like Badal and Bijli were partners in a firm sharing profits in the ratio of 3 2. Their Balance Sheet as at 31st March, 2019 was as follows: November 4, 2022 What do you mean by Participating Preference Shares? September 28, 2022 Jain Ltd purchased machinery costing Rs. 10,00,000 from Ayer Ltd. 50% of the payment was made by cheque and for the remaining 50%, the company issued Equity Shares of Rs. 100 each at a premium of 25%. Pass necessary Journal entries in the books of Jain Ltd. for the above transaction. July 14, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Badal and Bijli were partners in a firm sharing profits in the ratio of 3 2. Their Balance Sheet as at 31st March, 2019 was as follows: November 4, 2022
Jain Ltd purchased machinery costing Rs. 10,00,000 from Ayer Ltd. 50% of the payment was made by cheque and for the remaining 50%, the company issued Equity Shares of Rs. 100 each at a premium of 25%. Pass necessary Journal entries in the books of Jain Ltd. for the above transaction. July 14, 2022