Question:
When a company reserve a portion of its uncalled capital to be called in the event of winding up, such uncalled capital is known as:-
When a company reserve a portion of its uncalled capital to be called in the event of winding up, such uncalled capital is known as:-
Updated On: Apr 19, 2024
- Reserve capital
- Capital Reserve
- Called up Capital
- Subscribed Capital
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The Correct Option is A
Solution and Explanation
The correct option is (A): Reserve capital
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