CUET Accountancy - 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: | PYQs + Solutions

CUET Accountancy 2025 3 June Shift 1

Company Accounts

Medium

common

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (II), (B) - (I), (C) - (III), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

✅ Correct Option: 4

CUET Accountancy 2025 3 June Shift 1 PYQs