In which order, the following types of share capital are shown in the balance sheet of a company?
(A) Subscribed Capital
(B) Called up Capital
(C) Issued Capital
(D) Authorized Capital
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → (D), (C), (A), (B)
Each category of share capital is a part of the one before it, and the Notes to Accounts show them in that order, from the largest ceiling down:
(D) Authorized Capital — the maximum the company may issue, fixed by its Memorandum.
(C) Issued Capital — the part of authorised capital offered for subscription.
(A) Subscribed Capital — the part of issued capital the public has taken up.
(B) Called up Capital — the part of subscribed capital the company has asked shareholders to pay.
NCERT (2026-27 edition):
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