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This question belongs to Commerce Accounting
Accounting
?

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

Answer & Solution
Correct Answer: Option A
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.
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3 Comments
Muhammad Ikram
Muhammad Ikram 3 years ago
Option B is correct
Ramneek Sharma
Ramneek Sharma 4 years ago
It should be B
Shah Jay
Shah Jay 8 years ago
Its subscribed capital