3010
Preference Shares
Capital & Reserves
Normal balance
Credit
This Capital & Reserves code forms part of the company's equity, relating to preference shares. As with other equity accounts, it normally carries a credit balance: credit entries increase it and debit entries decrease it.
Other codes in Capital & Reserves
| 3000 | Ordinary Shares |
| 3100 | Reserves |
| 3101 | Undistributed Reserves |
| 3200 | Profit and Loss Account |