Company Accounts

Share Capital

Easy

(A) Subscribed Capital
(B) Issued Capital
(C) Authorised Capital
(D) Paid-up Capital
(E) Called-up Capital

Arrange the following in the correct order:

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

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

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

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

✅ Correct Option: 3

To understand the terms related to capital in a company, let's define each one briefly:

Authorised Capital (C): The maximum amount of share capital a company can issue.

Issued Capital (B): The portion of authorised capital that has actually been issued to shareholders.

Subscribed Capital (A): The part of issued capital that investors have agreed to buy.

Called-up Capital (E): The amount of subscribed capital that the company has requested payment for.

Paid-up Capital (D): The amount that shareholders have actually paid for the called-up capital.

Now, arranging these in the correct order based on the flow from maximum potential to actual funds received:

C → B → A → E → D

So, the correct answer is option 3: (C), (B), (A), (E), (D).

2025: 22 May Shift 2

Part of the subscribed capital which has been called up on the shares, i.e., what the company has asked the shareholders to pay is known as ……….

2026: 21 May Shift 1

A holds 300 shares of Rs.10 each on which he has paid Re.1 per share on application. B holds 300 shares of Rs.10 each on which he has paid Re.1 on application and Rs.2 on allotment. C holds 300 shares of Rs.10 each, who has paid Re.1 on applications, Rs.2 on allotment and Rs.3 on first call. They all failed to pay their arrears and the second call of Rs.4 per share as well. All the shares of A, B and C were forfeited and subsequently reissued at Rs.11 per share as fully paid-up. The journal entries for the reissue of shares and transfer to capital reserve would be:

2025: 15 May Shift 1

On Forfeiture of 500 shares for non-payment of call money, what amount will be credited to Shares Forfeiture Account?

2026: 13 May Shift 2

Which of the following are correct with respect to Rule 3 of the Companies (Incorporation) Rules, 2014 for One Person Company?

(A) Only a natural person being an Indian citizen and resident in India can form one person company.

(B) It cannot carry out non-banking financial investment activities.

(D) Its average annual turnover of three years does not exceed Rs. 5 Crores.

2022: 30 Aug Shift 2

Securities premium Reserve can be utilised ___

A. to return excess money received on application

B. to write off preliminary expenses

C. to issue partly paid bonus shares

D. for premium paid on Redemption of Debentures or preference shares

E. for buy back of shares

Choose the correct answer from the options given below:

2025: 13 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Reserve Capital	(I) That portion of the subscribed capital which has not yet been called up.
(B) Uncalled Capital	(II) It is that part of the issued capital which has been actually subscribed by the public.
(C) Paid up Capital	(III) A company may reserve a portion of its uncalled capital to be called only in the event of winding up of the company.
(D) Subscribed Capital	(IV) It is that portion of the called up capital which has been actually received from the shareholders.

Choose the correct answer from the options given below:

Arrange the following in the correct order:

Solution

Related questions:

Keyboard Shortcuts

CUET Accountancy Past Year Questions (Topic-Wise)