Question:medium

The Issued capital of Diwan Ltd. is :

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Issued Capital = Number of shares issued × Face value per share.
It is always less than or equal to Authorised Capital. In this case, the company issued 50,000 shares out of the authorised 1,00,000 shares.

Updated On: Mar 9, 2026

₹ 1,00,00,000
₹ 1,00,000
₹ 50,00,000
₹ 50,000

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The Correct Option is C

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Top Questions on Accounting for Share Capital

Assertion (A): Securities Premium cannot be utilized for writing off loss on sale of a fixed asset.
Reason (R): Securities Premium can be applied only for the purposes mentioned in the Companies Act, 2013.
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