Subscribed vs paid up capital

This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
April 2, 2021 at 4:00 am #615721
Noah098
Member
- Topics: 935
- Replies: 352
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.
April 2, 2021 at 9:19 am #615745
John Moffat
Keymaster
- Topics: 57
- Replies: 54857
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.)
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.