Question

The Subscribed Capital of a company refers to ______.

Options

• The paid-up value of the shares allotted on the date of the balance sheet.

• The called-up value of all shares allotted on the date of the balance sheet.

• The nominal value of all shares allotted on the date of the balance sheet.

• The paid-up value of all shares allotted on the date of the balance sheet and the balance of shares forfeited account, if any.

Answer 1

The Subscribed Capital of a company refers to The paid-up value of the shares allotted on the date of the balance sheet.