Sir a company’s issued and subscribed share capital is $75,000 whereas its paid up capital is $74,500. So why such a difference?
I thought it was because some subscribers of equity shares hadn’t paid cash, but apparently the company states that there are no partly paid up shares.
Ask the Tutor ACCA FA
Subscribed vs paid up capital
I have no idea - the two should be the same.
Obviously the authorised share capital may be higher, but that is a different issue.
(Partly paid up shares are not examinable in Paper FA and have not been for a very long time.)
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