Question

That portion of the called-up capital which has been actually received from the shareholders is called ______.

Options

• Paid-up capital.

• Called-up capital.

• Reserve capital.

• Subscribed capital.

Answer 1

That portion of the called-up capital which has been actually received from the shareholders is called paid-up capital.

Explanation:

Paid-up Capital is that portion of the called-up capital which has actually been received from the shareholders. Any amount not received is treated as calls in arrears.