Start learning →

Equity share capital is defined as all share capital that is not:

APreference share capital
BPaid-up share capital
CCalled-up share capital
DAuthorised share capital
Answer & Solution
Correct answer: A. Preference share capital
The explanation defines equity share capital by exclusion as capital that is not preference capital.
Practise this question with Quill — CA Foundation →

Keep practising Company Accounts

Browse all Company Accounts questions for CA Foundation, or explore more Accounting topics.

Start a Company Accounts lesson →
Related questions