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Basic Financial Accounting Short Questions
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Question:
What is "Issued share capital"? Select one alternative: A the number of shares a company is authorised to sell B the total par value of shares that has actually been sold to shareholders C the total par value of shares that has actually been paid by the shareholders D the company has issued shares but has only asked for payments in instalments
Author: Gonza RAnswer:
B. The total par value of shares that has actually been sold to shareholders
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