CUET Accountancy - The balance of the share forfeiture account is shown in the balance sheet under the item : | PYQs + Solutions

CUET Accountancy 2025 30 May Shift 1

Company Accounts

Easy

common

Unsecured loans

Share capital

Reserves and surpluses

Current liabilities and provisions

✅ Correct Option: 2

Related questions:

2 June Shift 2

A share of Rs.10. Issued at a premium of Rs.3. On which Rs.3 was payable on application and Rs.5 was payable on allotment including premium. A shareholder who had applied for 100 shares was Allotted Only 50 Shares and due to non payment of allotment his shares were forfeited. In this case the amount to be debited to securities premium A/c on forfeiture of these shares are

22 May Shift 1

In which order, the share capital of the Company is shown on the balance sheet:

(A) Authorized Capital

(B) Subscribed and fully paid up Capital

(D) Subscribed but not fully paid up

Choose the correct answer from the options given below:

14 May Shift 2

Correct steps in the procedure of issue of shares are-

(A) Allotment of Shares

(B) Calls in Arrears

(D) Receipt of Applications

Choose the correct answer from the options given below:

CUET Accountancy 2025 30 May Shift 1 PYQs

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