Accounting – 5.3 Limited companies | e-Consult
5.3 Limited companies (1 questions)
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Issued Share Capital: The company issued 10,000 shares with a nominal value of £0.10 each. Therefore, the issued share capital is 10,000 shares x £0.10/share = £1000.
Called-Up Share Capital: £2.00 per share has been called up on 10,000 shares. So, the total called-up share capital is 10,000 shares x £2.00/share = £20,000.
Paid-Up Share Capital: Since all called-up shares have been fully paid, the paid-up share capital is equal to the called-up share capital. Therefore, the paid-up share capital is £20,000.
Summary:
| Issued Share Capital: £1000 |
| Called-Up Share Capital: £20,000 |
| Paid-Up Share Capital: £20,000 |