CUET Accountancy - Arrange the following events (in relation to the issue of shares) in a logical order. (A) Transfer to capital reserve. (B) Forfeiture of share. (C) Calls in arrears. (D) Re issue of share. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Accountancy 2025 27 May Shift 2

Company Accounts

Medium

common

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

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

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

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

✅ Correct Option: 4

Related questions:

26 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Calls in Arrears	(I) Sometimes shareholders pay a part or the whole of the amount of the calls not yet made.
(B) Calls in Advance	(II) When any shareholder fails to pay the amount due on allotment or on any of the calls
(C) Over Subscription	(III) When number of shares applied for is less than the number for which applications have been invited for subscription
(D) Under Subscription	(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:

24 May Shift 1

Which of the following statements about share capital is TRUE?

(A) A company's shares are generally transferable.

(B) Share application account is a personal account.

(D) Paid up capital can exceed called up capital.

Choose the correct answer from the options given below:

27 May Shift 1

Which of the following statement is incorrect -

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

Restricts the right to transfer its shares
A private company must have at least 2 persons, except in case of one person company
Its paid up share capital is not more than Rs. 50 Lakhs
Limits the number of its members to 200 (excluding its employees)

CUET Accountancy 2025 27 May Shift 2 PYQs