what is the differences among
issued,paidup,authorised,subscribed capitals?

Answer Posted / satyendra chouksey

1. Nominal Authorized or Registered Capital

Nominal authorized or registered capital means the sum
mentioned in the capital clause of Memorandum of
Association (say Rs. 10,00,000/- i.e. Ten Lakhs). It is the
maximum amount, which the company raises by issuing the
shares and on which the registration fee is paid. This
limit cannot be exceeded unless the Memorandum of
Association is altered.

2. Issued capital

Issued capital means that part of the authorized capital,
which has been offered for subscription to members (say Rs.
5,00,000/- i.e. Five Lakhs) and includes shares allotted to
members for consideration in kind also.

3. Subscribed capital

Subscribed capital means that part of the issued capital at
nominal or face value which has been subscribed or taken up
by purchaser of shares in the company and which has been
allotted (say Rs. 4,00,000/- i.e. Four Lakhs).

Is This Answer Correct ?    9 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

(a) Rajesh Ltd. gives you the following information for the year ended 31st March, 2006: (i) Sales for the year Rs. 48, 00, 000. The Company sold goods for cash only. (ii) Cost of goods sold was 75% of sales. (iii) Closing inventory was higher than opening inventory by Rs.50,000. (iv) Trade creditors on 31.3.2006 exceed the outstanding on 31-3.2005 by Rs. 1, 00, 000. (v) Tax paid during the year amounts to Rs. 1, 50, 000. (vi) Amounts paid to Trade creditors during the year Rs. 35, 50, 000. (vii) Administrative and Selling expenses paid Rs. 3, 60, 000. (viii)One new machinery was acquired in December, 2005 for Rs. 6, 00, 000. (ix)Dividend paid during the year Rs. 1,20, 000. (x)Cash in hand and at Bank on 31.3.2006 Rs. 70, 000. (xi) Cash in hand and at Bank on 1. 4.2005 Rs. 50, 000. Prepare Cash Flow Statement for the year ended 31.3.2006 as per the prescribed Accounting Standard. (b) Define the teen "Operating Activities", "Investment Activities" and "Financing Activities" as per NA S-3 Send me this question answer in my mail Address please help me to how solve the question ( deepakgaire@gmail.com) plese plese

1574


Data flow of Accounts payable to General ledger?

1241


Expand MNS

1688


define bank Draft

1820


Total numbers of companies listed on stock Exchange?

2093






what is purchase consideration?

1682


Expand---------PED

1641


Short Answer on ______Amortization

1460


What part can management policy play in the analysis of cost behaviour?

1638


how to calculate share values of a company.

1664


example of SOP

1508


Up to what time we can show TDS Receivables under Advance Income Tax A/c?

1542


what's accounts payable

10652


EXPAND___________IMA

1625


euro currency market

1468