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JAMB Commerce 2018 Objective — Question 21

Question 21 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2018 Objective paper, with the correct answer and a full explanation.

The share capital value that forms part of the balance sheet total is the

A. issued share capitalCorrect
B. called-up share capital
C. authorised share capital
D. paid-up share capital

Explanation

Only the issued capital of a company forms part of the balance sheet balance.

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