Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Accounting for Shares

Question:

_____ is that portion of the subscribed capital which has not been demanded by the company. The company may collect this amount any time when it needs further funds :-

Options:

Un-issued Share Capital

Un-subscribed Share Capital

Un-paid Share Capital

Uncalled Share Capital

Correct Answer:

Uncalled Share Capital

Explanation:

The correct answer is Option (4) → Uncalled Share Capital