Question
XYZ Company SAOG issued 200,000 equity shares of OMR 1 each. All the shares were subscribed by the public. The company called up OMR 0.800
XYZ Company SAOG issued 200,000 equity shares of OMR 1 each. All the shares were subscribed by the public. The company called up OMR 0.800 per share. The balance OMR 0.200 per share is known as:
a.
Calls in areas.
b.
Unsubscribed capital
c.
Paid up capital
d.
None of these.
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
