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Which of the following capital is taken up by the general public?

A. Issued capital

B. Subscribed capital

C. Authorized capital

D. Reserve capital

Answer: Option A

Solution(By Examveda Team)

Issued capital refers to the portion of authorized capital that is offered to and taken up by the general public or shareholders. Subscribed capital is the part of issued capital that shareholders have agreed to buy. Authorized capital is the maximum amount of capital a company is allowed to issue. Reserve capital is not typically taken up by the general public; it's set aside for specific purposes. Therefore, the correct answer is Option A: Issued capital.

This Question Belongs to Commerce >> Accounting

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Comments ( 3 )

  1. Muhammad Ikram
    Muhammad Ikram :
    7 months ago

    Option B is correct

  2. Ramneek Sharma
    Ramneek Sharma :
    12 months ago

    It should be B

  3. Shah Jay
    Shah Jay :
    6 years ago

    Its subscribed capital

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