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Match List-I with List-II

List-IList-II
(A) Subscribed but not fully paid up capital(I) Shown under "Other Current Liabilities" in Balance Sheet
(B) Calls in Arrears(II) Shown under "Reserves & Surplus" in Balance Sheet
(C) Calls in Advance(III) Deducted from Subscribed Capital
(D) Securities Premium(IV) Share Capital Note Disclosure

Choose the correct answer from the options given below:

Solution

✅ Correct Option: 1

Subscribed but not fully paid capital is a category disclosed in the Notes to Share Capital, so (A)-(IV). Calls in Arrears is deducted from subscribed capital, so (B)-(III). Calls in Advance is shown under Other Current Liabilities, so (C)-(I). Securities Premium appears under Reserves and Surplus, so (D)-(II).

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