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CUET Accountancy 2026 PYQs6 June Shift 1. Free, no login required.

Company Accounts

past year questions, CUET Accountancy 2026 6 June Shift 1

Share Capital

past year questions, Company Accounts, CUET Accountancy 2026 6 June Shift 1

Easy

common

Which of the following is that portion of the called up capital, which has been actually received from the shareholders?

Solution

✅ Correct Option: 3

Paid-up capital is the portion of called-up capital actually received from shareholders, i.e., called-up capital minus calls in arrears. Issued capital is what is offered, subscribed capital is what is taken up, and reserve capital is the uncalled portion reserved for winding up.

Related questions:

2023: 11 June Shift 3

Match List - I with List - II.

List - IList - II
(A) Equity Share(I) Fixed Dividend
(B) Preference Share(II) No hold over Assets
(C) Secured Loan(III) Hold over Assets
(D) Unsecured Loan(IV) Voting Right

Choose the correct answer from the options given below :

2022: 20 Aug Shift 2

Correct sequence of issue of shares is -

A. Receipt of Application

B. Issue of Prospectus

C. Letter of Allotment of Shares

D. Letter of Regret

Choose the correct answer from the options given below:

2025: 22 May Shift 2

Arrange the following steps related to the issue of shares in proper sequence.

(A) Allotment of Shares

(B) Receipt of Applications

(C) Issue of Prospectus

(D) Share calls

Choose the correct answer from the options given below:

2025: 3 June Shift 1

Amount of discount allowed on the reissue of forfeited shares cannot exceed the amount that has:-

2022: 23 Aug Shift 2

Match List - I with List - II.

List - IList - II
(A) Share forfeiture(I) Cr. share capital
(B) Shares reissued(II) Dr. share capital
(C) Excess application money refunded(III) Dr. Bank A/c
(D) Calls money received(IV) Cr. Bank A/c

Choose the correct answer from the options given below :

2025: 16 May Shift 1

Steel and Company purchased a machine from Safe Machine Limited for Rs. 4,80,000 and took over its liabilities of Rs. 3,00,000. As per the purchase agreement, Rs. 50,000 was paid in cash and balance by the issue of 2000 shares of Rs.100 each. What will be the amount of goodwill/capital reserve?

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CUET Accountancy Past Year Questions (Topic-Wise)