Accountancy, asked by vardhan67, 2 months ago

What do you mean by Authorised Capital ?? ​

Answers

Answered by teachers58
3

Answer:

The authorised capital of a company (sometimes referred to as the authorised share capital, registered capital or nominal capital, particularly in the United States) is the maximum amount of share capital that the company is authorised by its constitutional documents to issue (allocate) to shareholders.

Answered by kumarprasanna81
6

Answer:

The authorised capital of a company (sometimes referred to as the authorised share capital, registered capital or nominal capital, particularly in the United States) is the maximum amount of share capital that the company is authorised by its constitutional documents to issue (allocate) to shareholders.

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