Subscribe to the Channel and stay updated with the latest Educational Videos. <br /><br />The time has gone where you need to spend money on tuition. Learn here on the best Educational channel for CBSE and ICSE boards.<br /><br />This Video explains about how to carry out Accounting for Share premium at the time of share application money<br /><br />Preference shares are entitled to a fixed rate of Dividend and in case the company goes into liquidation, they get preferential right to repayment of their capital.<br /> <br />Equity shareholders do not have any fixed dividend, and are paid, only when all preference shareholders are paid, in case the company goes into liquidation.
