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12th Class Accountancy Accounting For Share Capital Question Bank MCQs - Accounting for Share Capital

  • question_answer
    Nominal share capital is:             (CBSE 2020)

    A) that part of authorised capital which is issued by the company    

    B) the amount of capital which is actually applied by prospective shareholders

    C) the amount of capital which is paid by the shareholders

    D) the maximum amount of share capital that a company is authorised to issue

    Correct Answer: D

    Solution :

    [d] the maximum amount of share capital that a company is authorised to issue


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