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FRredeemable preference shares ?

Mmariammm13y ago
accounting treatment for redeemable preference shares?
PPlen13y ago#1
redeemable preference shares are treated as Financial liability. have u done the financial assets and financial liabilities chapter?
Nnosiku13y ago#2
Just to add on, Yes it is a financial liability reason being you still have a fixed rate of paying the shares to the share holders. You are obliged to pay whether you like it or not unlike dividends. Read more from the course notes given.
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