Question

Which of the following statements are correct?
(a) Subscribed capital is that part of capital
which is offered
public for
subscription.
(b) Called-up-capital is
of the
subscribed capital that has been called up.
(c) Issued capital is that part of authorized
capital which is applied by the public and
allotted by company.
All the above​

Answer 1

Answer:

Issued capital is that part of authorized

capital which is applied by the public and

allotted by company.

This statement iscorrect