Define called up share capital

Define called up share capital

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This is the amount the shareholders have been asked to pay where the
amount of capital required is less than the issued share capital. For example, if a firm issues
ordinary shares of Kshs. 1 each and request the shareholders to pay 60cents. Assuming that the
issued shares are 100,000 shares, then the called up share capital will be:
60cents - 100,000 = Kshs. 60,000

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Titany answered the question on December 10, 2021 at 13:09

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