BUSINESS ADMINISTRATION
FINANCIAL ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The Capital of the Company is called ____
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Debenture Capital
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Preference Capital
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Share Capital
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Others
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Explanation:
Detailed explanation-1: -The term “share capital” refers to the amount of money the owners of a company have invested in the business as represented by common and/or preferred shares.
Detailed explanation-2: -Known as the registered capital or nominal capital of the company, Authorised Capital is the maximum amount of share capital that a company is allowed to issue to its shareholders as per its constitutional documents. Shares are defined as the financial instruments that form units of the overall capital.
Detailed explanation-3: -Share capital is also known as equity capital.
There is 1 question to complete.