Q229
Shares for which amount is paid by public are called ____ shares
A.
Authorized
B.
Paid up
AnswerC.
Bonus shares
D.
All of the above
Answer: Option B
Solution
Answer: Option B
Solution:
Shares for which amount is paid by public are called Paid up shares. Paid-Up Share Capital All paid-up capital is listed under the shareholders' equity section of the issuing company's balance sheet. Share capital can fall into four categories; paid-up share capital, called-up share capital, authorized share capital, and issued share capital.