CUET Accountancy - In the Journal Entry of forfeiture of shares issued at a premium, the Share Capital Account is :- | PYQs + Solutions

CUET Accountancy 2025 27 May Shift 2

Company Accounts

Medium

common

Debited with the called up amount (including premium)

Debited with the face value amount (including premium)

Debited with the face value amount (excluding premium)

Debited with the called up amount (excluding premium)

✅ Correct Option: 4

Related questions:

3 June Shift 1

Match List-I with List-II

List–I	List–II
(A) Authorized capital	(I) Mentioned in Prospectus.
(B) Issued capital.	(II) Mentioned in Memorandum of Association.
(C) Subscribed capital.	(III) called up capital–calls in arrears.
(D) Paid up capital.	(IV) Capital for which application is received.

Choose the correct answer from the options given below:

16 May Shift 1

When a company does not have its own articles of association, provisions of which table will apply:

15 May Shift 2

Money received against share warrants' is to be disclosed as a separate item under which head/sub-head

CUET Accountancy 2025 27 May Shift 2 PYQs