what is issued capital
Answers
Answer:
The Issued Capital refers to the number of shares issued by the company to the shareholders. In other words, the shares allotted or subsequently held by the.
Answer:
The Issued Capital refers to the number of shares issued by the company to the shareholders. In other words, the shares allotted or subsequently held by the shareholders is called the issued capital.
Explanation:
The Issued capital represents that part of an authorized capital, which a company is authorized to sell through the shares. A company can either sell all its shares or a portion of it depending on the need for finance. It is also called as a subscribed capital, as the number of shares purchased by the shareholders represents the amount of money invested in the firm.