Multiple Choice Questions on In the Balance Sheet of a company under the heading share capital at the last is shown ........ for UPSC EPFO Exam Preparation

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Multiple Choice Questions

In the Balance Sheet of a company under the heading share capital at the last is shown ........

General Accounting Principles Accounting for Shares
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    In the Balance Sheet of a company, under the heading share capital, at the last is shown :

    Authorised Share Capital

    Incorrect Answer

    Subscribed Share Capital

    Correct Answer

    Issued Share Capital

    Incorrect Answer

    Reserve Share Capital

    Incorrect Answer
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    Explanation:

    share capital should be shown under the following heads in balance sheet—

    1. Authorized Share Capital
    2. Issued Share Capital
    3. Subscribed Share Capital
    4. Called Up Share CapitAL

    (NOTE:Subscribed Share Capital is second last that is shown in the balance sheet but out of given options subscribed capital becomes last which is shown in balance sheet)

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