The portion of authorized capital that has been... - WAEC Accounting 2012 Question
The portion of authorized capital that has been allotted to subscribers
A
called up capital
B
paid up capital
C
issued capital
D
nominal capital
correct option: c
The Issued Capital refers to the number of shares issued by the company to the shareholders. In other words, the shares allotted or subsequently held by the shareholders is called the issued capital.
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