Match List-I with List-II

List-I	List-II
(A)The maximum amount of share capital which a company is authorized to issue is known as :	(I) Capital reserve
(B) Shares can be forfeited for:	(II) Share capital
(C) The profit on the reissue of forfeited shares is transferred to :	(III) Nominal share capital
(D) Balance of share forfeiture account is shown in the balance sheet under the item :	(IV) Non-payment of call money

Choose the correct answer from the options given below:

(A) The maximum amount of share capital which a company is authorized to issue

This refers to the Authorized Capital or Nominal Capital, which is the maximum capital a company can raise as per its Memorandum of Association.

Match: (A) → (III) Nominal share capital

(B) Shares can be forfeited for

Shares are forfeited when a shareholder fails to pay the amount due on allotment or any call. The primary reason for forfeiture is default in payment.

Match: (B) → (IV) Non-payment of call money

(C) The profit on the reissue of forfeited shares is transferred to

When forfeited shares are reissued, the profit (excess of reissue price over the amount originally not paid) is a capital profit and cannot be distributed as dividend. It is transferred to Capital Reserve.

Formula: Profit on reissue = Amount received on reissue - Amount not received from original shareholder

Match: (C) → (I) Capital reserve

(D) Balance of share forfeiture account is shown in the balance sheet under

Share Forfeiture Account represents the amount forfeited from defaulting shareholders. This is part of the company's equity and is shown under the head "Share Capital" in the Balance Sheet.

Match: (D) → (II) Share capital

Final matching: (A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer: Option 4