Which of the following is not included in the amount of shareholders' equity allocated to the holders of the preference shares on the consolidated balance sheet?
A) The stated or par value of the preference shares.
B) Cumulative dividends in arrears on the preference shares.
C) Contributed surplus arising from the issue of preference shares.
D) Redemption premium payable on redemption of preference shares.

Question

Quizplus · Accepted Answer

Contributed surplus arising from the issue of preference shares is not included in the amount of shareholders' equity allocated to the holders of the preference shares on the consolidated balance sheet.

Which of the Following Is Not Included in the Amount