Paid up, value of all shares allotted is called ________ capital.
Select the most appropriate answer from the alternatives given below and rewrite the sentence :
Paid up, value of all shares allotted is called ________ capital.
Options
uncalled
issued
subscribed
nominal
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1 Answers
Paid up value of all shares allotted is called subscribed capital.
Explanation: The part of the issued capital that is subscribed to and paid by the public is called subscribed capital.
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