Accountancy Part AAccounting for Shares

Arrange following categories of Share Capital in a sequence. (A) Auth…

Arrange following categories of Share Capital in a sequence.

(A) Authorised capital
(B) Subscribed but not fully paid up
(C) Subscribed and fully paid up
(D) Called up capital
(E) Issued capital

Choose the correct answer from the options given below.

Answer & explanation

Correct answer: option 4

The correct answer is Option (4) → (A), (E), (C), (B), (D)

Share capital is broken down step by step, each category being a part of the one before it:

(A) Authorised capital – the maximum the company may issue.
(E) Issued capital – the part offered to the public.
(C) Subscribed and fully paid up – subscribed capital is shown first as fully paid up shares,
(B) Subscribed but not fully paid up – and then as shares not yet fully paid.
(D) Called up capital – the part of the subscribed capital the company has asked shareholders to pay.

NCERT (2026-27 edition):
Categories of Share Capital

Extract from the NCERT textbook

NCERT (2026-27 edition):
Called up Capital – “… It is that part of the subscribed capital which has been called up on the shares, i.e., what the company has asked the shareholders to pay.”