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What is meant by called up Capital?

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

SOLUTION

It is that portion of subscribed capital which has been called by the company from the shareholders. For example, if the directors call at the rate of Rs. 60 per share on 10,000 shares of Rs. 100 each, 6,00,000 will be the called-up Capital. The remaining amount of Rs. 40 per share will be uncalled capital.







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Previous PostWhat is Subscribed Capital?
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