Page 24 - Ebook Financial Accounting 3

✓ Example: A company issued capital 10 million ordinary shares at RM1 each

and asked shareholder to pay up RM0.80 per share
❖ Issued capital = RM10 million

❖ Called up capital = RM8 million
❖ Uncalled capital = RM2 million

Called-up Capital
1million x RM0.80
Issued Capital = RM800,000
1million x RM1 =
Authorized Capital RM1,000,000 Uncalled Capital
1million 1million x RM0.20
= RM200,000
Unissued Capital
0million

Figure 2.4
➢ Paid-up and Unpaid Capital

✓ Paid up capital is the amount that has been paid up.
✓ It is the part of called-up capital that is actually paid by the shareholders.

✓ Paid up capital is the amount that has been paid up.

✓ Example: A company issued capital 20 million ordinary shares at RM1 each
and called up RM0.70 per share, and no money received on 1 million shares.

❖ Issued capital = RM20 million
❖ Called up capital = RM14 million

❖ Uncalled capital = RM6 million
❖ Paid up capital = RM13.3 million

❖ Unpaid capital = RM700,000

Paid-up
19m x RM0.70 =
Called-up Capital
20m x RM0.70 = RM13.3 million
Issued Capital RM14 million Unpaid
20m x RM1 = 1m x RM0.70 =
Authorized RM20 million Uncalled Capital RM0.7 million
Capital 20m x RM0.30 =
Unissued
Capital RM6 million

Figure 2.5

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