Can You Give The Classification Of Capital?

Classification of capital:The capital of the company is money subscribed by t he shareholders. The share capital is described in different ways which in brief are as follows:-

1- Nominal or authorized capital: nominal or authorized capital is the amount of capital with which a company intends to be registered. The nominal capital is described in the units of shares of definite face values.
2- Issued capital: issued capital of the company is that part of the nominal capital which is offered to the public far subscription in the form of shares.
3- Called up capital: called up capital is the amount on the shares which is actually demanded by the company.

4- Paid up capital: the paid up capital is that part of the issued capital which has actually been paid up by the shareholders.
5- Reserve capital: this is the part of the capital which a company is not authorized to call up during its life time.
6- Capital assets: these are actually the property of the company. The entire capital of the business irrespective of its size and form of ownership is divided into two categories:
a) Fixed capital; as the name signifies is the funds required for the purchase of fixed assets of a business.
b) Working capital: it is also called floating or circulating capital is required for meeting operating costs.