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

None of the above

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Debentures

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Units

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Solution

The correct option is C
Shares

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

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Similar questions

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

Q. If a company issues new share capital to redeem debentures, then ____________.

Distinguish between a debenture and a share. Why debenture is known as loan-capital? Explain.

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.

Q. NK Ltd., a truck manufacturing company, is registered with an authorised capital of Rs.

1, 00, 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 requirements 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.
Also identify any two values that the company wants to communicate.

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

The correct option is C Shares A company’s share capital is divided into small units known as shares.

The correct option is C
Shares

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