Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Accounting for Shares

Question:

Identify the steps of the procedure of share issue:

(A) Allotment of Shares
(B) Receipt of Applications
(C) Issue of Prospectus
(D) Share Call

Choose the correct answer from the options given below:

Options:

(A), (B), (C), (D)

(A), (C), (B), (D)

(B), (A), (C), (D)

(C), (B), (A), (D)

Correct Answer:

(C), (B), (A), (D)

Explanation:

The correct answer is Option (4) → (C), (B), (A), (D)