The term "understanding fully paid shares" refers to the shares of a company that are completely paid for by the shareholders. This means that the shareholders have paid the full amount for their shares and there are no outstanding debts or liabilities associated with them. Fully paid shares give the shareholders complete ownership of the company and its assets.
When fully paid shares are converted into stocks is called as?
When fully paid shares are converted into stocks, it is called a stock split. A stock split is a corporate action in which a company divides its existing shares into multiple new shares. The main reason companies split their stock is to make the shares more affordable to a wider range of investors.
What is the meaning of subscribed and fully paid capital?
Subscribed capital refers to the amount of money that shareholders have committed to investing in a company. This can be in the form of cash or other assets. Fully paid capital refers to the portion of subscribed capital that has been paid in full by the shareholders.
How do you record paid up capital in accounting?
The term "paid-up capital" refers to the portion of a company's total share capital that has been paid by shareholders. The balance of a company's share capital is typically composed of both paid-up and authorized but unissued shares.
Paid-up capital is typically reported in the equity section of a company's balance sheet. It is important to note that paid-up capital represents the amount of money that has been invested in a company by its shareholders and is not necessarily indicative of a company's current market value.
When the shareholders have paid all the call amount which of the following would be the same?
There are a couple different ways to answer this question, so it depends on how you interpret it. If you take it to mean that the shareholders have paid off the entire amount of the call, then the answer would be that the call is now void and there is no longer any obligation for the shareholders to pay anything. However, if you interpret the question to mean that the shareholders have only paid part of the call amount, then the answer would be that the shareholders still owe the company the remaining balance of the call.
How do you calculate PUC?
The calculation of the PUC, or "per unit cost," is a way to determine the cost of a good or service on a per-unit basis. This can be helpful in comparing the cost of different products or services, or in evaluating the efficiency of a production process. To calculate the PUC, divide the total cost of the good or service by the number of units produced.