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CUET Accountancy 2026 PYQs13 May Shift 1. Free, no login required.

Company Accounts

past year questions, CUET Accountancy 2026 13 May Shift 1

Share Capital

past year questions, Company Accounts, CUET Accountancy 2026 13 May Shift 1

Easy

common

Consider the given steps below for Issue of Shares :-

(A) Receipt of Applications

(B) Allotment of Shares

(C) Issue of Prospectus

(D) Receipt of Minimum Subscription

Choose the correct sequence of above steps from the options given below:

Solution

✅ Correct Option: 2

The company first invites the public through a prospectus, then applications with money are received. Only after counting these applications can the company confirm that minimum subscription has been reached, and allotment follows.

Sequence: (C), (A), (D), (B).

Related questions:

2025: 30 May Shift 2

The maximum amount of discount on the re-issue of forfeited shares will be:-

2026: 29 May Shift 2

Match the LIST-I with LIST-II

LIST-ILIST-II
A.Issued CapitalI.Portion of capital which has been actually received from the shareholders.
B.Subscribed CapitalII.Portion of capital to be called only in the event of winding up of the company
C.Paid up CapitalIII.Portion of issued capital which has been actually subscribed by the public.
D.Reserve CapitalIV.Portion of capital which is actually issued to the public for subscription.

Choose the correct answer from the options given below:

2026: 6 June Shift 1

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

2025: 2 June Shift 2

Which of the following statements are true with reference to a "company"?

(A) The directors of the company are the owners of the company.

(B) A company is an artificial person.

(C) A company has its common seal.

(D) The liability of the members of the company is limited to the extent of shares held by them

Choose the correct answer from the options given below:

2026: 6 June Shift 1

From the following, which is not a feature of a company?

2022: 8 Aug Shift 2

As per Companies Act, 2013, a one person company is a:

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