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Characteristics of ordinary shares?

There are several characteristics of ordinary shares. Some of them include limited liability, liquidation rights, voting and pre-emptive rights among others.


Is ordinary shares a current or non current asset?

Neither, shares are listed under owners equity.


Is ordinary shares a current or non current assets its a debit on the trial balance?

it would be a non current asset as you plan to have shares generally for longer then a year. it would be on the debit side=] but i think ordinary shares are equity =O mind f**** i dunno im studdying it too lol


Is ordinary share current or non current asset?

Neither, shares are listed under owners equity.


Is common shares considered as a current liability?

Outstanding stock is an "owner's equity" account. It's on the same side of the accounting equation as liabilities, but it is not a liability.


Features of ordinary shares?

The features of ordinary shares are the aspects that define it. Some of the features include voting rights, limited liability, liquidation rights and pre-emptive rights among others.


What are the differences between Class A shares and ordinary shares?

Class A shares typically have more voting rights and higher dividends compared to ordinary shares. Additionally, Class A shares are usually held by company insiders or institutional investors, while ordinary shares are available to the general public.


Is liability for withholding taxes a current or non current liability?

current liability


What is preference share?

Preference shares are shares whose dividends are paid out first before ordinary shares dividends. They so called (preference shares) because they have 'preference' over ordinary shares for payment of dividends.


Why is limited liability important in the business world?

because it limits your liability to the amount of shares that you hold. So if you hold 100 shares for £1 each, then your liability to the company's creditors is £100 (if you have not already given that to the co when you got your shares)


What is forfeited share?

Forfeited shares Shares in a no-liability company which are forfeited (lost) to the previous owner because of non-payment of a call on the shares. Forfeited shares Shares in a no-liability company which are forfeited (lost) to the previous owner because of non-payment of a call on the shares.


Are lease provisions a current liability or non current liability?

Non-current liability, all provisions are non current.