Which of the following describes the term share capital?
A)The shares that have been sold for the highest price.
B)The total amount of shares that has not been sold yet.
C)The amounts received from the shareholders.
D)The total amount of shares that has been authorised by the Corporations Act.

Question

Quizplus · Accepted Answer

Share capital refers to the funds raised by a company through the issuance of shares, representing the amounts received from shareholders in exchange for ownership in the company.

Which of the Following Describes the Term Share Capital