13 June 2013
Hypothetical Situation Balance sheet as on .... Equity & Liabilities Rs Assets Rs Share capital 60005%Cum.Pref.shares 6,00,000 of Rs 100each fully paid xxxxxxx xxxxxx In the above context Q1)Do we have to pay Preference Dividend? Q2)What Additional information is required in problem which will make us sure that we have to pay Arrears of preference Dividend?
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