Match List-I with List-II

List–I	List–II
(A) Calls in Arrears	(I) Shares are taken back by the company as shareholders failed to pay one or more installments, viz. allotment money and/or call money.
(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) Forfeiture of Shares	(III) This is the amount which any shareholder fails to pay on allotment or on any of the calls.
(D) Under Subscription	(IV) Table 'F' of the Companies Act provides for the payment of interest on this call at a rate not exceeding 12% per annum.

Choose the correct answer from the options given below:

Which statements are correct-

(A) A company's shares are generally transferable.

(B) Shareholders of a company are liable for the acts of the company.

(C) The director of a company must be a shareholder.

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

Choose the correct answer from the options given below:

Securities Premium Reserve can be used to:

A. Issue new shares to existing shareholders

B. Write off Preliminary expenses

C. Writing off of Goodwill

D. Premium on Redemption of debentures

E. Issue fully paid Bonus Shares

Choose the correct answer from the options given below:

The directors of a company forfeited 400 equity shares of Rs. 10 each fully called up on which Rs. 1,600 had been paid. All the forfeited shares were reissued upon payment of Rs. 3,000. Calculate the amount transferred to Capital Reserve

Arrange the following in the sequence when shares are issued for consideration other than cash in the books of purchaser:

(A) Shares capital is credited for shares issued to vendor

(B) Assets aquired are debited

(C) Vendor's Account credited with purchase price

(D) Vendor's Account debited with issue of shares

Choose the correct answer from the options given below:

In the case of companies limited by shares, the liability of its members is:

Moon Company Ltd., New Delhi, has registered its capital as Rs. 50,00,000, divided into 5,00,000 shares of Rs. 10 each. The company offered to the public for subscription 3,00,000 shares of Rs. 10 each, to be received as Rs. 2 on application, Rs. 3 on allotment, Rs. 3 on first call, and the balance on final call,. The company received applications for 3,50,000 shares. The company finalized the allotment of 3,00,000 shares and rejected applications for 50,000 shares. The company did not make the final call. The company received all amounts except on 2,000 shares where first call money has not been received. What will be the Authorised share capital and issued share capital amounts to be shown in the Notes to Accounts of the balance sheet of Moon Company Ltd.