Question

3
Reserve Capital is not a part of:
(a) Authorized Capital (b) Subscribed capital
(c) Unsubscribed capital
(d) Issued Share capital​

Answer 1

Answer:

Unsubscribe capital stands for share issued but not subscribed by people. Uncalled capital means amount of share not called from public. Reserve capital means the part of share which will never be called until winding up of company.

Explanation:

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