wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

The money raised by issue of equity shares is called ________ share capital.

A
Equity
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Preference
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Bonus
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Right
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A Equity
The money raised by issue of equity shares is called equity share capital.Equity share represent the ownership of a company and thus thus the capital raised by equity shares are also known as ownership capital or ownership funds.

flag
Suggest Corrections
thumbs-up
1
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Issue of Shares
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon