CUET Accountancy - A share having a face value of Rs.12, on which Rs. 10 is called-up and Rs. 8 is paid, is forfeited. State the amount with which the Share Capital account will be debited | PYQs + Solutions

CUET Accountancy 2025 24 May Shift 1

Company Accounts

Medium

common

✅ Correct Option: 2

Related questions:

24 May Shift 1

Match List-I with List-II

List-I	List-II
(Book/Theory proposed/Characteristic, etc.)	(Author/Thinker/Name of Theory, etc.)
(A) Authorised Capital	(I) Only available to creditors at the time of winding up of a company
(B) Issued Capital	(II) The amount of capital that a company can raise in its life-time
(C) Subscribed Capital	(III) Capital that is issued to the public for subscription
(D) Reserve Capital	(IV) May be equal to or less than issued capital

Choose the correct answer from the options given below:

24 May Shift 1

According to Sec 2 (62) of Companies Act, 2013,the maximum amount of paidup share capital of an OPC is:

13 May Shift 1

Shares can be forfeited:

CUET Accountancy 2025 24 May Shift 1 PYQs