Match List - I with List - II.
List - I List - 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 :
Match List - I with List - II.
| List - I | List - 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 :
Solution
✅ Correct Option: 2
Forfeiture: Share Capital Dr. (II). Reissue: Share Capital Cr. (I). Excess application money refund: Bank Cr. (IV). Calls received: Bank Dr. (III). Match is (A)-II, (B)-I, (C)-IV, (D)-III, which is option 2.
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