Question : A portion of subscribed uncalled capital known as __________ and is referred to as such since it won't be called up unless and until the Company is unable to pay its debt in full, at the time of liquidation of the Company.
Option 1: Issued Capital
Option 2: Subscribed Capital
Option 3: Reserve Capital
Option 4: Capital Reserve
Correct Answer: Reserve Capital
Solution : A portion of subscribed uncalled capital known as reserve capital is referred to as such since it won't be called up unless and until the Company is unable to pay its debt in full, at the time of liquidation of the Company. Hence, the correct option is 3.
Question : The part of uncalled capital, to be called only in the liquidation of a company is called:
Question : Arrange the following in proper sequence as a type of share capital :
(a) Paid up Capital
(b) Issued Capital
(c) Subscribed Capital
(d) Called up Capital
Question : The portion of the capital that may only be accessed during the company's dissolution/winding up is referred to as-
Question : Reserve capital is a part of_____________.
Question : Which of the following capitals is missing from the Balance Sheet of a company?
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