CUET Accountancy - Steps for Forfeiture of Shares- (A) Issue of Prospectus (B) Shares Forfeiture (C) Receipt of Application (D) Allotment of Shares Choose the correct answer from the options given below: | PYQs + Solutions

CUET Accountancy 2025 14 May Shift 1

Company Accounts

Easy

(A), (C), (D), (B)

(A), (C), (B), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

✅ Correct Option: 1

Related questions:

22 May Shift 1

Which statements are correct about capital reserve:-

(A) It is necessary to create capital reserves out of capital profits, if any.

(B) It cannot be used to issue bonus shares.

(D) It is not shown on the company balance sheet.

Choose the correct answer from the options given below:

14 May Shift 1

Allotment money received in advanced alongwith application is _______________

31 May Shift 1

The Profit on reissue of forfeited shares is transferred to :

CUET Accountancy 2025 14 May Shift 1 PYQs