The minimum amount of capital which must be subscribed by the public before allotment is called | Faculties

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Mr. Dubey

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📊 Corporate Accounting

Q. The minimum amount of capital which must be subscribed by the public before allotment is called

(A) allotment money
(B) Minimum subscription
(C) subscribed capital
(D) None of these

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✅ Correct Answer: (B) Minimum subscription

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