Question

The difference between subscribed capital and called capital is known as _______.

• A. Call in Advance
• B. Paid up Capital
• C. Uncalled Capital
• D. Calls in Arrear

Answer 1

Answer: (C)

Uncalled Capital

Subscribed share capital is that part of issued share capital which has been subscribed by investors.

Called up share capital is shares issued to investors, under the understanding that the shares will be paid for at a later date or in installments.

Uncalled up share capital that a company has in the form of shares that have not been completely paid for by shareholders