Share capital is the total amount paid in by shareholders for shares purchased.

Name: Share capital is the total amount paid in by shareholders for shares purchased.
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Question

Quizplus · Accepted Answer

Share capital represents the total amount of money that shareholders have invested in a company through the purchase of shares. This can include both common and preferred shares, and the funds are typically used to finance the company's operations and growth. Therefore, the statement is true.

Share Capital Is the Total Amount Paid in by Shareholders