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The issued share capital is the number of shares that are

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Accounts - Principles of Accounts JAMB 2013

The issued share capital is the number of shares that are

  • authorized by share holders
  • shared among the directors
  • fully subscribed checkmark
  • in the share certificate

The correct answer is: C

Explanation

 Issued shares are the shares sold to and held by investors of a company. They consists of the shares that have been sold to the shareholders against cash or some other consideration.

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