What do you mean by Non-Redeemable Preference Shares? Post category:Accountancy Reading time:1 mins read SOLUTION Non-redeemable or Irredeemable preference shares are those, the capital of which cannot be refunded before winding up. 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 do you mean by Redeemable Preference Shares? Next PostWhat do you mean by Convertible Preference Shares? You Might Also Like X and Y are partners sharing profits and losses in the ratio of 3 : 2. They admit Z into partnership. X gives 1/3rd of his share while Y gives 1/10th from his share to Z. Calculate new profit-sharing ratio and sacrificing ratio. July 29, 2022 What can be the minimum number of partners in a firm? September 23, 2022 State two essential features of a Public Company. September 28, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
X and Y are partners sharing profits and losses in the ratio of 3 : 2. They admit Z into partnership. X gives 1/3rd of his share while Y gives 1/10th from his share to Z. Calculate new profit-sharing ratio and sacrificing ratio. July 29, 2022