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CUET Accountancy 2022 PYQs16 July Shift 2. Free, no login required.

Company Accounts

past year questions, CUET Accountancy 2022 16 July Shift 2

Share Capital

past year questions, Company Accounts, CUET Accountancy 2022 16 July Shift 2

Easy

Identify the correct sequence of steps in the process of Issue of Shares:

A. Making allotment of shares

B. Issue of Prospectus

C. Forfeiture of shares

D. Receiving applications for shares

E. Making calls

Choose the correct answer from the options given below:

Solution

✅ Correct Option: 3

The procedure for issue of shares: (B) issue of prospectus inviting applications, (D) receiving applications from public, (A) making allotment to approved applicants, (E) making calls for balance amount, and finally (C) forfeiture of shares in case of default. Correct sequence: B-D-A-E-C.

Related questions:

2022: 23 Aug Shift 2

Match List - I with List - II.

List - IList - II
(A) Share forfeiture(I) Cr. share capital
(B) Shares reissued(II) Dr. share capital
(C) Excess application money refunded(III) Dr. Bank A/c
(D) Calls money received(IV) Cr. Bank A/c

Choose the correct answer from the options given below :

2026: 29 May Shift 2

Which of the following shares can be issued at discount?

2022: 20 July Shift 1

If a share of Rs. 100 on which Rs. 45 has been paid is forfeited at what minimum price can it be reissued :

2025: 4 June Shift 2

Shares except ESOP can be issued:

(A) at Premium

(B) at Par

(C) for other than cash

Choose the correct answer from the options given below:

2026: 29 May Shift 1

According to _____ of the Companies Act, 2013, an equity share is a share which is not a preference share.

2023: 20 June Shift 2

Before forfeiture of Rahul's shares, who are required to issue notice in this regard.

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CUET Accountancy Past Year Questions (Topic-Wise)