Accounting for Shares

Accountancy (Phase -I & II)

Title

45:30

Video Progress

8 of 24 completed

Notes Progress

5 of 15 completed

MCQs Progress

38 of 100 completed

Subjective Progress

8 of 20 completed

Continue to Next Topic

Indian Economy - Understanding the basics of Indian economic system

Next Topic

Download Solution PDF

Authorized capital, also known as

Nominal capital

Paid up capital

Issues capital

None of these

Explanation:

Nominal capital simply refers to the amount of capital--in shares--a company is legally authorized to make available to shareholders. Nominal Capital is the maximum amount of share capital that the company allowed to issue as a registered capital when the company is incorporated.

By: honey kaundal

Profile ResourcesReport error

Trial Period Ended