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

  • question_answer
    A company has issued 10,000 equity shares of Rs. 10 each and it has called the total nominal (face) value. It has received the total amount, except the final call of Rs. 3 on 500 equity shares. These 500 equity shares will be shown as:

    A) Subscribed and fully paid-up

    B) Subscribed but not fully paid-up

    C) Issued share capital

    D) None of the above

    Correct Answer: B

    Solution :

    [b] Subscribed but not fully paid-up


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