Match List-I with List-II List-

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Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Accounting for Shares

Question:

Match List-I with List-II

List-I (Book/Theory proposed/Characteristic, etc.)	List-II (Author/Thinker/Name of Theory, etc.)
(A) Authorised Capital	(I) Only available to creditors at the time of winding up of a company
(B) Issued Capital	(II) The amount of capital that a company can raise in its life-time
(C) Subscribed Capital	(III) Capital that is issued to the public for subscription
(D) Reserve Capital	(IV) May be equal to or less than issued capital

Choose the correct answer from the options given below:

Options:

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

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

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

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

Correct Answer:

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

Explanation:

The correct answer is Option (1) → (A)-(II), (B)-(III), (C)-(IV), (D)-(I)

List-I (Book/Theory proposed/Characteristic, etc.)	List-II (Author/Thinker/Name of Theory, etc.)
(A) Authorised Capital	(II) The amount of capital that a company can raise in its life-time
(B) Issued Capital	(III) Capital that is issued to the public for subscription
(C) Subscribed Capital	(IV) May be equal to or less than issued capital
(D) Reserve Capital	(I) Only available to creditors at the time of winding up of a company