Question : Which of the following assertions is accurate?
Option 1: Authorised Capital < Issued Capital
Option 2: Authorised Capital > Issued Capital
Option 3: Paid up Capital > Issued Capital
Option 4: None of the above
Correct Answer: Authorised Capital > Issued Capital
Solution : Authorized Capital denotes the maximum amount of equity that a business may obtain from the general public through the issuance of shares. Issued Capital is a part of the authorized capital, which is offered to the general public for subscription. Hence, the correct option is 2.
Question : Which of the following statements is/are correct?
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 : Which of the following capitals is missing from the Balance Sheet of a company?
Question : Minimum subscription amount of 90% is related to which share capital..........
Question : Direction: In the following question you have to identify the correct response from the given premises stated according to the following symbol.
If > denotes +, < denotes -, + denotes ÷, % denotes *, - denotes =, * denotes > and =
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