CUET Accountancy 2025 30 May Shift 1 PYQs

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.

(C) The part of capital which is called up only on winding up of a company is called reserve capital.

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

Choose the correct answer from the options given below:

Arrange Categories of Share Capital into correct order-

(A) Subscribed Capital

(B) Authorised Capital

(C) Issued Capital

(D) Called up Capital

Choose the correct answer from the options given below:

Hari, the holder of 1200 shares paid the amount due on first call @ Rs 2/- per share along with second and final call which became due after 1 month from the due date of first call. What interest will be charged from Hari on calls in arrears: