CUET Accountancy - In what condition the amount is shown under the head of 'Subscribed and Fully Paid up Share Capital' in Balance Sheet of a Company- | PYQs + Solutions

CUET Accountancy 2025 2 June Shift 2

Company Accounts

Easy

common

If shares are fully called up and there are Calls in Arrears

If shares are fully called up and there are no Calls in Arrears

If shares are partly called up and there are no Calls in Arrears

If shares are partly called up and there are Calls in Arrears

✅ Correct Option: 2

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(A) The company issues the prospectus to the public.

(B) The company has to get minimum subscription within 120 days from the date of the issue of the prospectus.

(C) The prospective investors intending to subscribe the share capital of the company would make an application along with the application money.

(D) Letters of allotment are sent to those whom the shares have been alloted, and letters of regret to those to whom no allotment has been made.

Choose the correct sequence of steps from the options given below:

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CUET Accountancy 2025 2 June Shift 2 PYQs