the part of capital for which application have been received from the public and shares allocatted to them is
Answers
Answer:
SUBSCRIBED SHARES
Explanation:
The part of capital for which application have been received from the public and shares allocated to them is SUBSCRIBED SHARES. It is defined as the value of share for which the investor has shown interest.
Answer:
Subscribed Share Capital
Explanation:
Guys, the part of the capital for which application have been received from the public and shares allocated to them is Subscribed Share Capital. The subscribed capital is said to increase when the members subscribes to the shares of the company. The subscribed share capital is supposed to be equal or less than the issued share capital. You should also understand what is unsubscribed share capital. The un-distributed capital out of the subscribed share capital is called unsubscribed share capital.
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