Subscribed capital stock is the amount of the capital stock subscribed, whether fully paid or not.Group of answer choicesTrueFalse

The statement that "Subscribed capital stock is the amount of the capital stock subscribed, whether fully paid or not" is True.

Explanation:

Subscribed capital stock refers to the total value of the shares that investors have agreed to purchase from a company. This includes amounts that have been fully paid as well as those that are still outstanding or unpaid. It essentially represents the commitment of investors to provide capital to the company, regardless of whether the payments for those shares have been completed. For accounting and financial reporting purposes, recognizing subscribed capital stock—even if not fully paid—provides a comprehensive view of the potential capital available to the company, reflecting both current inflows and future commitments from shareholders.

Thus, the definition stands true in the context of financial accounting and corporate finance.