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Company Accounts – Issue of Shares — Book Keeping & Accountancy STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsBook Keeping & AccountancyCompany Accounts – Issue of Shares1 Mark
Question
State the meaning of issued capital.
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Answer

The part of the portion of authorised capital which is issued or offered for subscription to the public is called issued capital.

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