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 __________.
- ACalled up capital
- BIssued Capital
- CSubscribed Capital
- DPaid 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.