Practicing Success
Practicing Success
CUET Preparation Today
How is the diverse capital contributed by numerous shareholders accounted for? |
By creating individual capital accounts for each shareholder By distributing it as dividends to shareholders By merging capital contributions into a common account called Share Capital Account By investing it in various projects separately |
By merging capital contributions into a common account called Share Capital Account |
When numerous shareholders contribute capital to a company, their individual capital contributions are combined and recorded in a common account known as the "Share Capital Account." This account consolidates all the capital contributed by shareholders into a single entity-level account that reflects the total share capital of the company. |
