Share Capital and Types of Shares — SPCC STD 11 Commerce — Question
Gujarat BoardEnglish MediumSTD 11 CommerceSPCCShare Capital and Types of Shares3 Marks
Question
Explain Concepts: Called up Share Capital
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Answer
When company calls for money in installments as per the face value of shares, it is known as called up capital. For eg. On issue of shares, company receives application for 80,000 shares of 100 each and company calls for 70 per share then 56,00,000 (80,000 share x 70 ) is said to be the called up capital.
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