Concept:The balance sheet shows only the capital already sold to shareholders, not the maximum the company is permitted to raise.
Explanation:Authorised share capital is the total amount a company is legally allowed to issue.
It is not part of the balance sheet total because it may not have been sold to anyone.
Issued share capital is the amount of shares actually allotted to shareholders.
It represents the nominal value of shares subscribed for and appears under shareholders’ funds.
Called-up share capital is only that part of issued shares for which payment has been demanded.
Paid-up share capital is the portion of called-up capital that shareholders have already paid.
Both called-up and paid-up figures depend on how much of the issued shares have been collected.
Therefore, the share capital value included in the balance sheet total is the issued share capital.
Answer:A. issued share capital