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Question
Which type of capital will be written after the authorized capital in the balance sheet?
Options
Issued Capital
Paid-up Capital
Subscribed Capital
Called up Capital
MCQ
Solution
Issued Capital
Explanation:
Types of share capital to be written under head Share Capital in order in the balance sheet is as follows:
- Authorized Capital
- Issued Capital
- Subscribed Capital
- Subscribed and fully paid-up capital
- Subscribed and not fully paid-up capital
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