Accountancy, asked by PragyaTbia, 1 year ago

The portion of subscribed capital which has not yet been called up. Answer in a word / phrase / term.

Answers

Answered by Anonymous
2
Hey mate✌️✌️

The portion of subscribed capital which has not yet been called up.⤵️⤵️⤵️


(Uncalled Capital)
Answered by Anonymous
4

The portion of subscribed capital that has not yet been called up is known as the reserved capital.

  • Reserve Capital is defined as part of the uncalled capital subscribed, which will not be called up until and unless the company enters liquidation.
  • In other words, the share capital part is held by the corporation and will only be used when the event occurs.
  • Sums allocated to a capital fund are held on a permanent basis and can not be used to pay investors dividends. They are allocated for specific purposes, such as long-term projects, capital loss mitigation, or any other long-term contingencies.
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