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Question
Which of the following statement is/are true?
- Authorized Capital < Issued Capital
- Authorized Capital ≥ Issued Capital
- Subscribed Capital ≤ Issued Capital
- Subscribed Capital > Issued Capital
Options
(i) only
(i) and (iv) Both
(ii) and (iii) Both
(ii) only
MCQ
Solution
(ii) and (iii) Both
shaalaa.com
Accounting for Share Capital
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