Match List-I with List-II

List-I	List-II
(A) Calls in Advance A/c Dr. To Particular Call A/c	(I) For Interest due on Calls in Advance
(B) Interest on Calls in Advance A/c Dr. To Sundry Shareholder's A/c	(II) For Interest Paid on Calls in Advance
(C) Sundry Shareholder's A/c Dr. To Bank A/c	(III) Calls in advance adjusted with the call money due
(D) Bank A/c Dr. To Calls in Arrears A/c To Interest on Calls in Arrears A/c	(IV) Calls in arrears received with interest

Choose the correct answer from the options given below:

Looking at each journal entry and its corresponding narration:

Entry (A): Calls in Advance A/c Dr. To Particular Call A/c

When a shareholder has already paid calls in advance and now the actual call becomes due, the advance amount is adjusted against that call. The Calls in Advance account is reduced (debited) and the specific Call account is credited.

This matches (III) Calls in advance adjusted with the call money due

Entry (B): Interest on Calls in Advance A/c Dr. To Sundry Shareholder's A/c

As per Table F of Companies Act, interest at a rate not exceeding 12% p.a. may be paid on calls in advance. This entry records the interest liability that has accrued but not yet paid. Interest on Calls in Advance (expense) is debited and the amount is credited to shareholder's account showing the company owes this to them.

This matches (I) For Interest due on Calls in Advance

Entry (C): Sundry Shareholder's A/c Dr. To Bank A/c

After recording the interest due (in entry B), when the company actually makes the payment, the shareholder's account is debited (reducing the liability) and Bank is credited.

This matches (II) For Interest Paid on Calls in Advance

Entry (D): Bank A/c Dr. To Calls in Arrears A/c To Interest on Calls in Arrears A/c

When a shareholder who had calls in arrears finally pays along with the interest charged on delayed payment, Bank account is debited with total receipt, while both Calls in Arrears and Interest on Calls in Arrears are credited.

This matches (IV) Calls in arrears received with interest

Correct matching: A-III, B-I, C-II, D-IV (Option 3)