Advertisements
Advertisements
Question
Explain the following term/concept.
Paid-up capital
Short/Brief Note
Advertisements
Solution
(a) Paid-up Capital is the part of called up capital which is actually paid by the shareholders.
(b) In other words, paid-up capital is the total amount of money actually paid by shareholders when the company has called up or demanded them to pay.
shaalaa.com
Is there an error in this question or solution?
