The portion of authorized capital that has been allotted ...
The portion of authorized capital that has been allotted to subscribers
Called up capital
Paid up capital
Issued capital
Nominal capital
Correct answer is C
The Issued Capital refers to the number of shares issued by the company to the shareholders. In other words, the shares allotted or subsequently held by the shareholders is called the issued capital.
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Payment of salaries to partners is ...
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A share is under-subscribed when ...
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In the balance sheet, the subscription in arrears will be? ...