CUET Accountancy 2022 16 July Shift 2 PYQs

From an accounting point of view, arrange the following share capital of the company in the correct sequence:

(A) Subscribed Capital

(B) Authorized Capital

(C) Called up Capital

(D) Issued Capital

Choose the correct answer from the options given below:

R Ltd purchased a building from X Infra for Rs 6,00,000 and the payment is to be made by the issue of shares for Rs 100 each at a premium of 20%. Calculate the number of shares to be issued.

The following refer to the maximum amount of share capitals issued by a company in its life times except: