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easyMCQCUET Accountancy 2025 22 May Shift 22026Accountancy
1 mark

Part of the subscribed capital which has been called up on the shares, i.e., what the company has asked the shareholders to pay is known as __________.

  1. A
    Called up capital
  2. B
    Issued Capital
  3. C
    Subscribed Capital
  4. D
    Paid up Capital

Solution & Step-by-step Explanation

Called up capital is that portion of the subscribed capital which the directors of the company have formally requested or demanded from the shareholders to pay up on their shares.

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Part of the subscribed capital which has been called up on the shares, i.e., what the company has asked the shareholders to pay is known as __________.
A
Called up capital
B
Issued Capital
C
Subscribed Capital
D
Paid up Capital

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