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Question
When the entire face value of a share is called by the company and is also paid by the shareholder, It is known as ______.
Options
Subscribed and fully paid up capital
Subscribed but not fully paid up capital
None of the options
MCQ
Fill in the Blanks
Solution
When the entire face value of a share is called by the company and is also paid by the shareholder, It is known as subscribed and fully paid up capital.
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Accounting Treatment for Share Capital
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