What is a limited company's authorised capital? A. Capital that has been authorised to be put into
Question:
What is a limited company's authorised capital?
A. Capital that has been authorised to be put into reserves
B. Capital that has been authorised to be spent on non-current assets
C. The number of shares that only company directors are allowed to own
D. The number of shares that the company is allowed to issue.
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ANSWER D The number of shares that the company is allowed t...View the full answer
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Related Book For
Accounting For Cambridge International AS And A Level
ISBN: 9780198399711
1st Edition
Authors: Jacqueline Halls Bryan, Peter Hailstone
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