Paid up, value of all shares allotted is called ________ capital. (Fill in the blank by choosing correct option)
(a) uncalled
(b) issued
(c) subscribed
(d) nominal
Answers
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C → SUBSCRIBED IS THE ANSWER...
Answered by
0
Answer:
(c) subscribed
Explanation:
Paid up, value of all shares allotted is called subscribed capital.
Part of the issued share capital that has been subscribed by shareholders is subscribed share capital. Simply put, when a business issues portion of its authorized share capital, investors can subscribe to all of its shares or not. When employees have subscribed to the company's shares, the subscribed capital is increased.
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