WAEC Accounting 2024 Objective — Question 42
Question 42 of 50 from the West African Examinations Council (WAEC) Accounting 2024 Objective paper, with the correct answer and a full explanation.
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The proportion of the issued capital to be paid later is
- A. called-up capital
- B. authorized capital
- C. uncalled-up capitalCorrect
- D. paid-up capital
Explanation
Uncalled-up capital is the part of issued capital that shareholders have not yet been asked (called upon) to pay.
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