alleryThe portion of the subscribed capital that the company has asked shareholders to pay is the:
AUncalled Capital
BCalled-up Capital
CAuthorised Capital
DReserve Capital
Answer & Solution
Correct answer: B. Called-up Capital
Called-up capital is the portion shareholders have been asked to pay.
Keep practising Financial Accounting & Debentures
Browse all Financial Accounting & Debentures questions for AP Intermediate 2nd Year, or explore more Accountancy topics.
Related questions
Order the capital ladderMatch the statement termWhen a share of face value ₹10 is issued for ₹10, it is said to be issued:The portion of the subscribed capital that the company has asked shareholders to pay is thHolders of equity shares are regarded as the ___ of the company:Where does it go?When a share of face value ₹10 is issued for ₹13, the extra ₹3 is the:The financial statements of a company chiefly comprise the Balance Sheet and the: