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X,y,ltd was registered with and authorised capital of 200000 shares of 10 each . 140000 shares were issued to the public subscribed for 100000 shares .the company called up 7 per share . All the mony called up was duly received. Show the amounts of various types of share capital ?
Most Upvoted Answer
X,y,ltd was registered with and authorised capital of 200000 shares of...
Types of Share Capital:

  • Authorized Capital

  • Issued Capital

  • Subscribed Capital

  • Called-up Capital

  • Paid-up Capital



Explanation:

  • Authorized Capital: It is the maximum amount of capital that a company is authorized to issue. In this case, the authorized capital of X,Y,ltd is 200000 shares of 10 each.

  • Issued Capital: It is the actual number of shares that a company has issued to the public. In this case, X,Y,ltd has issued 140000 shares to the public.

  • Subscribed Capital: It is the number of shares that a company has sold to the public. In this case, X,Y,ltd has subscribed for 100000 shares.

  • Called-up Capital: It is the amount of capital that a company has called up from its shareholders. In this case, X,Y,ltd called up 7 per share, which amounts to 70000(10000*7) in total.

  • Paid-up Capital: It is the amount of capital that a company has actually received from its shareholders. In this case, all the money called up was duly received, so the paid-up capital is also 70000.

Community Answer
X,y,ltd was registered with and authorised capital of 200000 shares of...
Authorised capital
2,00,000 shares @10 =Rs20,00,000
issued capital
1,40,000 shares @10 = Rs14,00,000
subscribed and not fully paid share
1,00,000 shares @7 = Rs7,00,000
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X,y,ltd was registered with and authorised capital of 200000 shares of 10 each . 140000 shares were issued to the public subscribed for 100000 shares .the company called up 7 per share . All the mony called up was duly received. Show the amounts of various types of share capital ?
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