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Define Equity shares.

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asked Sep 7, 2020 in Company Accounts by AbhijeetKumar (48.4k points)
closed Sep 7, 2020 by AbhijeetKumar

Define Equity shares.

company accounts
class-12

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1 Answer

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answered Sep 7, 2020 by Vijay01 (48.1k points)
selected Sep 7, 2020 by AbhijeetKumar

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Equity shares are those shares which are not entitled to a fixed rate of dividend. Dividend is paid on these shares after it is paid on preference shares. Equity share capital is returned only when preference shares is returned.

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