If the preference shareholder agree to sacrifice the arrear off prefer – McqOptions

MCQOPTIONS

1.	If the preference shareholder agree to sacrifice the arrear off preference dividend, it iscredited to:
A.	Capital Reduction A/C
B.	Preference Shareholders A/C
C.	Goodwill A/c
D.	Profit& Loss A/C
Answer» B. Preference Shareholders A/C

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