Accountancy, asked by junaidhkd1308, 19 days ago

Give the meaning of 'Registered Capital' of a company.
Or
Give the meaning of 'Authorised (Nominal) Capital'.

Answers

Answered by minnumeenu250
1

Meaning of Registered capital

The amount of capital that a company is officially allowed to get from selling shares.

Meaning of Authorised capital

Authorised capital of a company is the maximum amount of share capital that the company is authorised by its constitutional documents to issue to share holders.

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