Which of the following does not form part of shareholders...
Which of the following does not form part of shareholders fund?
Ordinary shares
Shares premium
Profit
Debenture
Correct answer is D
Debentures are a long-term security yielding a fixed rate of interest, issued by a company and secured against assets. It is a debt security issued by a company by a company to raise money. The holders are paid the amount lended with interest. They are not a source of equity financing.
The total credit sales for a period can be extracted from the ...
\(\begin{array}{c|c} & D \\ \hline \text{Cash in hand}& 1,440\\ \text{Cash at bank} & 24...
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The authorized capital of city entertainment company is made up of 200,000 212% prefere...
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Which of the following does not relate to a manufacturing concern? ...