The share capital of the company consisted of one million shares of 1 each. Those were issued
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The share capital of the company consisted of one million shares of £1 each. Those were issued for £1.50, for each of which £1 has been paid. The Statement financial position would refer to this as:
(a) The share capital of the company taken up by subscribers
(b) The issued capital of the company
(c) The paid-up capital of the company
(d) The called-up share capital of the company
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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