BUSINESS ADMINISTRATION
FINANCIAL ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Paid-up Capital
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Subscribed Capital
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Called-up Capital
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Nominal Capital
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Detailed explanation-1: -Answer: Part of capital of a company which is called-up only on winding up is called ‘reserve capital’.
Detailed explanation-2: -The subscribed capital is the capital that is subscribed by the public and called up capital is the capital called up by the company. The difference between this two is uncalled capital. Was this answer helpful?
Detailed explanation-3: -Called up capital is that part of the subscribed capital which has been called up on the shares.
Detailed explanation-4: -Paid-up capital is the portion of the subscribed capital for which the company has received payment from the subscribers. A company creates paid-up capital by selling its shares directly to investors in the primary market.
Detailed explanation-5: -Also called paid-in capital, equity capital, or contributed capital, paid-up capital is simply the total amount of money shareholders have paid for shares at the initial issuance.