A company’s share capital is divided into small units known as .

fractions

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units

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Solution

The correct option is C shares
The share capital of a company is divided into units of smaller denominations. Each such unit is called a share.

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Similar questions

A company’s share capital is divided into small units known as ___

Q. Capital of the company which is usually divided into different units of a fixed amount known as_____.

Q. Fill in the blanks with appropriate words in the following statements.
The capital of joint-stock companies is divided into small units. They are called ____________.

The capital of a company is divided into number of parts each one of which are called

(a) Dividend

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(d) Share

N.K. Ltd., a truck manufacturing company, is registered with an authorised capital of Rs 1,00,000 divided into equity shares of Rs 100 each. The subscribed and paid up capital of the company is Rs 50,00,000. The company decided to open technical schools in the Jhalawar district of Rajasthan to train the specially abled children of the area. It is planning to provide them employment in its various production units and industries in the neighbourhood area.

To meet the capital expenditure requiements of the project, the company offered 20,000 shares to the public for subscription. The shares were fully subscribed and paid. Present the share capital in the Balance Sheet of the company as per the provisions of Schedule III of the Companies Act, 2013.

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A company’s share capital is divided into small units known as .

The correct option is C sharesThe share capital of a company is divided into units of smaller denominations. Each such unit is called a share.

The correct option is C shares
The share capital of a company is divided into units of smaller denominations. Each such unit is called a share.