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HomeUP Board Class 12accountancyAccounting for Share Capital › That part of the issued capital which the public…

That part of the issued capital which the public has agreed to subscribe is the:

ASubscribed Capital
BAuthorised Capital
CNominal Capital
DReserve Capital
Answer & Solution
Correct answer: A. Subscribed Capital
Subscribed capital is the part of issued capital the public agrees to take.
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