Concept:A company’s capital is divided into small equal parts, and each part is known as a share.
Explanation:When people invest in a company, they receive shares as a proof of ownership.
Each share represents one unit of the total capital of the company.
The shareholder’s interest in the company is measured in money, and it also decides the extent of his or her liability.
A debenture is not capital; it is a loan taken by the company.
Stock is created only when shares are fully paid up, so it is not the basic unit of capital.
Premium refers to the amount paid above the face value of a share, which is not a unit.
Therefore, the correct unit of a company’s capital is a share.
Answer:D. share