allery'Paid-up capital' is equal to:
AAuthorised capital minus issued capital
BIssued capital plus authorised capital
CSubscribed capital plus reserve capital
DCalled-up capital less calls in arrears
Answer & Solution
Correct answer: D. Called-up capital less calls in arrears
Paid-up capital is the total amount paid/credited as paid up on shares issued, i.e. called-up capital less calls in arrears.
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