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    A Portion of Money Given by The Company On Shares, Which Are Purchased by The General Public. There Are Two Mainly Types of Dividend

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    Atif Idrees
    Preferred stock is a special class of shares that gives certain shareholders preference in receiving dividends from company profits and preference in assets if the company is liquidated. Preferred stock can be converted to common stock and can be callable by the corporation. Preferred stockholders do not have voting rights. Dividends are a portion of money given to shareholders from company profits and can be paid as cash dividends from the cash account or as stock dividends which increase the number of shares owned.

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    A Portion of Money Given by The Company On Shares, Which Are Purchased by The General Public. There Are Two Mainly Types of Dividend

    Uploaded by

    Atif Idrees
    28 views1 page
    Preferred stock is a special class of shares that gives certain shareholders preference in receiving dividends from company profits and preference in assets if the company is liquidated. Preferred stock can be converted to common stock and can be callable by the corporation. Preferred stockholders do not have voting rights. Dividends are a portion of money given to shareholders from company profits and can be paid as cash dividends from the cash account or as stock dividends which increase the number of shares owned.

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    what is preferred stock, its terminology and concept.

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    Preferred Stock

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    Preferred stock is a special class of shares that gives certain shareholders preference in receiving dividends from company profits and preference in assets if the company is liquidated. Preferred stock can be converted to common stock and can be callable by the corporation. Preferred stockholders do not have voting rights. Dividends are a portion of money given to shareholders from company profits and can be paid as cash dividends from the cash account or as stock dividends which increase the number of shares owned.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as doc, pdf, or txt
    28 views1 page

    A Portion of Money Given by The Company On Shares, Which Are Purchased by The General Public. There Are Two Mainly Types of Dividend

    Uploaded by

    Atif Idrees
    Preferred stock is a special class of shares that gives certain shareholders preference in receiving dividends from company profits and preference in assets if the company is liquidated. Preferred stock can be converted to common stock and can be callable by the corporation. Preferred stockholders do not have voting rights. Dividends are a portion of money given to shareholders from company profits and can be paid as cash dividends from the cash account or as stock dividends which increase the number of shares owned.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as doc, pdf, or txt
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    Preferred stock

    A special class of shares that are possesses by certain persons (vip) , preferred stock have the following features 1= preference as to receive dividend 2=preference as to assets in the event of liquidation. 3=these are convertible 4=these are callable at the option of corporation. 5=nonvoting

    (what is dividend) A portion of money given by the company on shares, which are purchased by the general public. There are two mainly types of dividend

    Cash dividend

    stock dividend

    Cash dividend is paid in the form of cash by the company to the general public. And the following entries are passed when cash dividend is paid. (When dividend is declared by company) Retained earning Account To c account (When dividend is paid by company) Dividend payable account To cash account xxx xxx xxx xxx

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