English

Answer in One Sentence Only : - Book Keeping and Accountancy

Advertisements
Advertisements

Question

Answer in one Sentence only :
State the meaning of issued capital.

One Line Answer
Advertisements

Solution

The part of authorised capital of a company that is issued to the public in the form of shares is known as issued capital. If the number of shares subscribed by the public is equal to the number of shares issued, then the issued capital will be equal to the subscribed capital.

shaalaa.com
  Is there an error in this question or solution?
Chapter 10: Company Accounts Part - 1 (Accounting for Shares) - Exercise 1 [Page 350]

APPEARS IN

Micheal Vaz Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
Chapter 10 Company Accounts Part - 1 (Accounting for Shares)
Exercise 1 | Q 2 | Page 350
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×