Share Capital of Limited Company:- When a fixed amount is divided into small units then we call it shares. When the money is received by company after selling the shares that is called share capital. It means public can make contribution to the common stock of company. In other words share capital refers to the amount that a company can raise or has raised by issue of shares. From accounting point of view, the share capital can be classified as follows:-

A)   Authorized Share Capital
B)   Issued Capital
C)   Subscribed Capital
D)   Called-up Capital
E)   Paid-up Capital
F)   Reserve Capital

Treatment of Share Capital in Final Accounts

In all cases, the capital account is shown in liabilities side of balance sheet.