Question

what do you mean by paid up capital​

Answer 1

Answer:

It is a amount of money for which shares of the Company were issued to the shareholders and payment was made by the shareholders. At any point of time, paid up capital will be less than or equal to authorised share capital and the Company cannot issue shares beyond the authorised share capital of the Company.

Answer 2

Explanation:

☯️Definition:

The Paid-up Capital refers to the amount that has been received by the company through the issue of shares to the shareholders.

For Example, A firm has an authorized capital of Rs 10,000,000, where the value of each share is Rs 10.