Business Studies

_________refers to that of the issued capital which has actually been subscribed by the public.


ANSWER

Subscribed capital


SOLUTION
Every company has a certain amount of capital that it can raise during its lifetime, called the "authorised capital". Now, when a company goes for an issue of shares, the amount allowed to be issued is called "issued capital", while the amount actually subscribed to is called "subscribed capital".
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Single Correct Medium Published on 18th 08, 2020
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