Discussion Forum : Accounting For Share Capital
Question -


It is that part of the subscribed capital which has been called up on the shares. It is known as ___

Options:
A .   Nominal capital
B .   Called up capital
C .   Susbcribed capital
D .   Authorised capital
Answer: Option B
:
B

Called up capital is that part of the subscribed capital which has been called up on the shares.



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