Match List-I with List-II., List-I, List-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 Reserve, (IV) Share Capital Note Disclosure, Choose the correct answer from the options given below:

Question

Match List-I with List-II. | List-I | List-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 Reserve | (IV) Share Capital Note Disclosure | Choose the correct answer from the options given below:

Accepted Answer

(A) - (IV), (B) - (III), (C) - (I), (D) - (II)

Answer

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

Answer

(A) - (III), (B) - (I), (C) - (IV), (D) - (II)

Answer

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

List-I	List-II
(A) Authorised Capital	(i) It is that part of the subscribed capital which has been called up on the shares.
(B) Issued Capital	(ii) It is that part of the issued capital which has been actually subscribed by the public.
(C) Subscribed Capital	(III) It is that part of the authorised capital which is actually issued to the public for subscription.
(D) Called up Capital	(IV) The amount of share capital which a company is authorised to issue by its Memorandum of Association

List-I	List-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 Reserve	(IV) Share Capital Note Disclosure

Solution

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