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AS
Question Practice

What happens to preference shares during company liquidation?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - II
Accounting for Share Capital
Question Bank

What happens to preference sha...

Single Answer MCQ
Q-00082441

What happens to preference shares during company liquidation?

1

They are paid out last

2

They have no rights to assets

3

They are repaid before equity shares

4

They are converted to equity shares

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Q4.

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