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AS
Question Practice

What is the significance of 'Minimum Subscription'?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - II
Accounting for Share Capital
Question Bank

What is the significance of 'M...

Single Answer MCQ
Q-00082456

What is the significance of 'Minimum Subscription'?

1

Minimum amount needed for initial shares

2

Required before shares can be allotted

3

Minimum amount needed for profit distribution

4

Limits on the type of shareholders

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