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CUET Accountancy 2023 PYQs11 June Shift 3. Free, no login required.

Company Accounts

past year questions, CUET Accountancy 2023 11 June Shift 3

Share Capital

past year questions, Company Accounts, CUET Accountancy 2023 11 June Shift 3

Easy

Arrange the following steps in correct sequence with regard to Shares of a company.

(A) Making Calls

(B) Forfeiture of Shares

(C) Issue of Prospectus

(D) Calls in Arrears

(E) Reissue of Shares

Choose the correct answer from the options given below :

Solution

✅ Correct Option: 2

The correct sequence is: Issue of Prospectus (C), Making Calls (A), Calls in Arrears (D), Forfeiture of Shares (B), and Reissue of Shares (E). Calls in Arrears happens after calls are made, and forfeiture occurs when shareholders fail to pay calls.

Related questions:

2022: 15 July Shift 2

The amount received on First and Final call is

2022: 23 Aug Shift 2

Total applications received are for :

2025: 24 May Shift 1

According to 'Table F', interest on calls-in-arrears is charged at:

2026: 24 May Shift 1

Match List-I with List-II

List-IList-II
(A) A company is formed according to the provisions of Law enforced from time to time.(I) Common Seal
(B) A company can hold and deal with any type of property.(II) Body Corporate
(C) The company continues to exist irrespective of the changes in its membership.(III) Separate Legal Entity
(D) The company cannot sign its name by itself.(IV) Perpetual Succession

Choose the correct answer from the options given below:

2026: 11 May Shift 2

A private company is one which by its articles of association:

A. Limits the number of its members to 200 (excluding its employees);

B. Limits the number of its members to 200 (including its employees);

C. Restricts the right to transfer its shares;

D. Must have at least 2 persons, except in case of one person company;

Choose the correct answer from the options given below:

2025: 30 May Shift 1

Match List-I with List-II

List-IList-II
(A) Under Subscription(I) Issue of Shares at an amount more than the nominal or par value of shares.
(B) Issue of Shares at a Premium(II) It is a situation where the number of shares applied for is less than the number for which applications have been invited for subscription.
(C) Over Subscription(III) The amount so received from the shareholders when shareholders pay a part or the whole of the amount of the calls not yet made.
(D) Calls in Advance(IV) when applications for more shares of a company are received than the number offered to the public for subscription.

Choose the correct answer from the options given below:

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CUET Accountancy Past Year Questions (Topic-Wise)