Target Exam

CUET

Subject

Accountancy Part A

Chapter

Accounting for Shares

Question:

Which of the following is that portion of the called up capital, which has been actually received from the shareholders?

Options:

Reserve Capital

Issued Capital

Paid-up Capital

Subscribed Capital

Correct Answer:

Paid-up Capital

Explanation:

The correct answer is Option (3) → 

Paid-up Capital