Accountancy, asked by anurag1448, 5 months ago

what is authorized capital​

Answers

Answered by purvajaiswal520
2

Answer:

The authorised capital of a company is the maximum amount of share capital that the company is authorised by its constitutional documents to issue to shareholders. Part of the authorised capital can remain unissued. The authorised capital can be changed with shareholders' approval.

Answered by paras2492
0

Answer:

The authorised capital of a company is the maximum amount of share capital that the company is authorised by its constitutional documents to issue to shareholders. Part of the authorised capital can remain unissued. The authorised capital can be changed with shareholders' approval.

Explanation:

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