That portion of the share capital which cannot be called - up except on the winding up is known as A) Called - up Capital B) Paid - up Capital C) Authorised Capital D) Reserve Capital
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That portion of the share capital which cannot be called - up except on the winding up is known as
A) Called - up Capital
B) Paid - up Capital
C) Authorised Capital
D) Reserve Capital
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- Compare authorized share capital with subscribed share capital.A share capital previously issued and subsequently acquired back * Choices; Ordinary share capital. Treasury share capital Participating preference share capital Promotion share capital.Explain the data provided. What is a capital stock and additional paid-in capital? What does an entity do with it? How do they use it?
- The difference between authorized share capital and issued share capital is known as __________. Select one: a. current share capital b. preference share capital c. ordinary share capital d. unissued share capitalAnswer the following questions correctly. 1.Explain the accounting for the issuance of: a. Par value share b. No-par value share 2. Explain the accounting for share capital issued for noncash considerationsrdinary share capitalOrdinary share capitalWhich of the following items would not form part of the shareholders' equity of a company on the statement of financial position? Select one: a. Retained profits b. Trade payables c. Share premium d. Ordinary share capital
- What is reflected in the additional paid-in capital account?Required to answer. Single choice. a. Whichever is higher of (1) the difference between the market price and the par value when the stock was issued and (2) the difference between the market price and the par value when the stock was reacquired b. Whichever is lower of (1) the difference between the market price and the par value when the stock was issued and (2) the difference between the market price and the par value when the stock was reacquired c. The difference between the market price and the par value when the stock was reacquired d. None of the above e. The difference between the market price and the par value when the stock was issued.Which is a correct statement below? A. Equity is the residual interest in the liabilities of the entity after deducting all of its assets.B. Subscriptions receivable shall preferably be reflected as a deduction from the related subscribed share capital.C. Share premium is also known as capital stock.D. A deficit is a credit balance in retained earnings.How should the excess of subscription price over the value of ordinary shares subscribed be recorded as additional paid-in capital when the share capital is issued as additional paid-in capital when the subscription is received as additional paid-in capital when the subscription is collected as retained earnings when the subscription is received