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CUET Accountancy 2023 PYQs28 May Shift 1. Free, no login required.

Company Accounts

past year questions, CUET Accountancy 2023 28 May Shift 1

Share Capital

past year questions, Company Accounts, CUET Accountancy 2023 28 May Shift 1

Easy

Find the correct sequence of procedure of issue of shares :

(A) Receipt of Applications

(B) Issue of prospectus

(C) Allotment of Shares

(D) Making call money due

(E) Receiving Call money

Choose the correct answer from the options given below :

Solution

✅ Correct Option: 2

Correct sequence: First issue of prospectus (B), then receipt of applications (A), then allotment of shares (C), then making call money due (D), and finally receiving call money (E).

Related questions:

2026: 29 May Shift 1

Arrange the following in proper sequence, related to issue and forfeiture of shares

(A) Calls in arrears

(B) Shares are re-issued

(C) Call money become due

(D) Shares forfeited for non payment of money

Choose the correct answer from the options given below:

2022: 8 Aug Shift 2

As per the Companies Act, 1956, a company shall hold the first meeting of board of directors within how many days of the date of its incorporation?

2025: 15 May Shift 1

What is the amount of Profit on reissue of Forfeited Shares Accounts transferred to capital reserve?

2026: 21 May Shift 1

The credit amount on share forfeiture account relating to shares yet to be reissued :

2026: 23 May Shift 2

Interest on calls in arrears is charged according to "Table F" not exceeding _______ p.a:

2026: 11 May Shift 1

Match the LIST-I with LIST-II

LIST-I (Classification of Share Capital)LIST-II (Categories of Share Capital)
A.The authorised capital which is not offered for public subscription and it may be offered for public subscription at a later date.I.Issued Capital
B.A company may reserve a portion of its uncalled capital to be called only in the event of winding up of the company.II.Paid up Capital
C.It is that part of the authorised capital which is actually issued to the public for subscription including the shares allotted to vendors and the signatories to the company's memorandum.III.Reserve Capital
D.It is that portion of the called up capital which has been actually received from the shareholders.IV.Unissued capital

Choose the correct answer from the options given below:

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