Question

state the type of share capital?

account class 12 questions plz help​

Answer 1

Answer:

the two types of share capital are common stock and preferred stock. Companies that issue ownership share in exchange for capital are called joint stock companies..

Explanation:

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Answer 2

Answer:

${\bf{\underline{\blue{ \: \: Types \: of \: Share \: Capital \: \: }}}}$

$\rm \star \: Authorised \: capital: -$

Authorised Capital is the amount of share capital which a company is authorised to issue by it's memorandum of association. The company cannot raise the amount of capital as specified in the Memorandum of Association.

$\rm \star \: \: Issued \: Capital: -$

Issued Capital is that part of the authorised Capital which is actually issued to public for subscription including the shares alloted by vendors and the signatories to the company's Memorandum.

$\star \rm \: \: Subscribed \: Capital$

Subscribed Capital is that part of the issued Capital which has been actually subscribed by the public.

$\star \rm \: Called \: Up \: Capital : -$

It is that part of subscribed capital which has been called upon the shares.The company may decide to call the entire amount or part of the face value of the shares.

$\star \rm \: \: Paid \: Up \: Capital : -$

It is that portion of called up capital which has been actually received from the stake holders.

$\rm \star \: \: Uncalled \:Capital : -$

The portion of subscribed capital which has not yet been called up. This is called uncalled capital.

$\star \rm \: Reserve \: Capital: -$

A company may reserve a portion of its uncalled capital to be called only in the event of ending up of the company. Such uncalled amount is called Reserve Capital of the company.