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This question belongs to Commerce Accounting
Accounting
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Which of the following capital is required for the registration of the company?

Answer & Solution
Correct Answer: Option C
Authorized capital is required for the registration of the company. The authorized capital of a company (sometimes referred to as the authorized share capital, registered capital or nominal capital, particularly in the United States) is the maximum amount of share capital that the company is authorized by its constitutional documents to issue (allocate) to shareholders.
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