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Answer in one sentence only. What is Paid-up Capital? - Book Keeping and Accountancy

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Question

Answer in one sentence only.

What is Paid-up Capital?

One Line Answer

Solution

Part of the called-up capital which is actually paid by the shareholders is called Paid-up Share Capital.

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Accounting for Share Capital
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Chapter 8: Company Accounts - Issue of Shares - Exercise 8.1 (Objective Questions) [Page 340]

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Balbharati Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
Chapter 8 Company Accounts - Issue of Shares
Exercise 8.1 (Objective Questions) | Q 1. (E) 10. | Page 340

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