CUET Accountancy - 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 : | PYQs + Solutions

CUET Accountancy 2023 11 June Shift 3

Company Accounts

Easy

(C), (D), (A), (B), (E)

(C), (A), (D), (B), (E)

(C), (D), (B), (A), (E)

(C), (A), (D), (E), (B)

✅ Correct Option: 2

Related questions:

14 May Shift 2

Match List-I with List-II

List-I	List-II
(A) For Transfer of Application Money	(I) Share Allotment A/c Dr. To Share Capital A/c
(B) For Money Refunded on Rejected Application	(II) Share Application A/c Dr. To Share Capital A/c
(C) For Amount Due on Allotment	(III) Share Application A/c Dr. To Bank A/c
(D) For Receipt of Allotment Money	(IV) Bank A/c Dr. To Share Allotment A/c

Choose the correct answer from the options given below:

29 May Shift 2

In a Journal Entry of Forfeiture of Shares, Securities Premium Account may be debited, when :-

14 May Shift 1

Amount recieved on allotment:

CUET Accountancy 2023 11 June Shift 3 PYQs