Question 7
Business FinanceCalled-up capital is the amount
- A.paid on allotment
- B.paid on first call
- C.paid on application
- D.demanded on shares issued
- E.paid-up on all shares
Show the answer and explanation
Answer: D (demanded on shares issued)
Explanation
Called-up capital is the part of issued capital that the company has asked shareholders to pay so far.