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Give the meaning of ‘Subscribed and Fully Paid-up Capital. (C.B.S.E. Sample Paper 2013)

  • Post category:Accountancy
  • Reading time:1 mins read

SOLUTION

When the entire face value of a share is called by the company and is also paid by the shareholder, it is said to be subscribed and fully paid-up capital.







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Previous PostWhat is the name given to the ‘part of capital’ of a company which is Called-up only on winding up?
Next PostGive one point of distinction between Authorised Capital and Issued Capital.

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