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

  • question_answer
    Subscribed capital is:                          (CBSE 2020)

    A) that part of authorised capital which is issued to the public for subscription                                         

    B) that part of issued capital which has c=en actually subscribed by the public

    C) that part of subscribed capital which has not yet been called-up the shares

    D) that part of subscribed capital which has not yet been called-up on the shares

    Correct Answer: B

    Solution :

    [b] that part of issued capital which has been actually subscribed by the public


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