Share capital bingo
Exercise and reference answers
- Clues and terms
- Clue
- Money contributed by the shareholders.
- Item
- Share capital
- Clue
- The most a company is allowed to issue.
- Item
- Authorised
- Clue
- The part actually offered to the public.
- Item
- Issued
- Clue
- Authorised capital not yet offered.
- Item
- Unissued
- Clue
- The part the public applied for.
- Item
- Subscribed
- Clue
- The amount the company has demanded.
- Item
- Called up
- Clue
- The amount actually received.
- Item
- Paid up
- Clue
- The nominal value printed on a share.
- Item
- Face value
- Clue
- Person who contributes the share capital.
- Item
- Shareholder
- Instructions
- Read each clue and tap the term it describes.
Explanation
_Source: syllabus Accountancy, Ch 1 'Accounting for Share Capital'_
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