Question

Capital included in the Total of Balance Sheet of a Company is called ______.

Options

• Issued Capital

• Subscribed Capital

• Called up Capital

• Authorised Capital

Answer 1

Capital included in the Total of Balance Sheet of a Company is called Subscribed Capital.

Explanation:

Because the amount shown on the face of the Balance Sheet under “Share Capital” is the subscribed capital (split as “subscribed & fully paid” and “subscribed but not fully paid”), while authorised and issued are disclosed only in the Notes.