A preference share which does not carry the right of sharing in surplus profits is called hellip hel...........

General Accounting Principles Accounting for Shares

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A preference share which does not carry the right of sharing in surplus profits is called ……………

Non-Cumulative Preference Share

Non-participating Preference Share

Irredeemable Preference Share

Non-convertible Preference Share

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Explanation:

Non-participating Preference Share: Preference shares having no right to participate in the surplus profits or in any surplus on liquidation of the company are referred to as non-participating preference shares. Here, preference shareholders receive only stated dividend and nothing more.