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The Dividend by a public limited company is usually paid on which of the followings?

(a)Called up capital

(b)Paid up capital

(c)Authorised capital

(d)None of the above

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Question added by Mohammed Asim Nehal , M Asim Nehal & Co , Chartered Accountants
Date Posted: 2015/08/20
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Mohsin Patel
by Mohsin Patel , Accounting Analyst , Water G.

Paid up capital, I believe.

Deleted user
by Deleted user

 

(b)Paid up capital..................................................................................

Gayasuddin Mohammed
by Gayasuddin Mohammed , Advocate , Practicing Law before High Court at Hyderabad

(b)Paid up capital is the answer.

Michael Lagunday
by Michael Lagunday , Accounts Assistant , Invest Group Overseas LLC

My answer is (c) Authorized capital.

This is the total share that the company is authorized to issue. Paid up capital are shares that are already issued. Called up capital are issued shares to investor with the understanding that it will be paid in later date or in installments.

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