CUET Accountancy - Select the TRUE statement related to the issue/re-issue of equity shares. | PYQs + Solutions

CUET Accountancy 2025 30 May Shift 2

Company Accounts

Medium

common

Equity Shares cannot be issued at Discount.

Equity Shares can be re-issued at Discount.

Equity Shares cannot be issued at premium.

Equity Shares cannot be re-issued at premium

✅ Correct Option: 2

Related questions:

3 June Shift 2

Match List-I with List-II

List-I	List-II
(A) Calls in Arrears	(I) This is the case when applications for more shares of a company are received than the number offered to the public for subscription.
(B) Calls in Advance	(II) This is a situation where the number of shares applied for is less than the number for which applications have been invited for subscription.
(C) Over Subscription	(III) The amount due that shareholders fail to pay on allotment or on any of the calls.
(D) Under Subscription	(IV) The amount sometimes received from the shareholders as a part or the whole of the amount of the calls not yet made.

Choose the correct answer from the options given below:

3 June Shift 2

Identify the type of Share Capital, which is clearly shown in Notes to Accounts, but not included in the total of Notes to Account under SHARE CAPITAL head

24 May Shift 1

According to 'Table F', interest on calls-in-arrears is charged at:

CUET Accountancy 2025 30 May Shift 2 PYQs

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