what is share capital
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A corporation's share capital or capital stock is the portion of a corporation's equity that has been obtained by the issue of shares in the corporation to a shareholder, usually for cash.
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Explanation:
Share capital means the capital raised by the company by the issue of shares . many individuals and institutions contribute varying sums to the company's capital yet there is no separate Capital account for each of these individuals or institutions . There is one Consolidated Capital account called the Share capital Account
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