1.

Write the term Authorised Capital, Issued Capital and Subscribed Capital?

Answer»

1. Authorized capital is the maximum capital that a company is authorized to raise. 

2. Issued capital is that part of the authorized capital which is offered by the company for being subscribed by members of the public or anybody. 

3. Subscribed capital is that part of the issued capital which is subscribed (accepted) by the public



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