The correct answer is Option (1) - (A)-(IV), (B)-(III), (C)-(I), (D)-(II).
* Not for Profit Organisation- Income and Expenditure A/c.
The Not-for-Profit Organisations are also required to prepare financial statements at the end of each accounting period. Although these organisations are non-profit making entities and they are not required to make Trading and Profit & Loss Account but it is necessary to know whether the income during the year was sufficient to meet the expenses or not. Not only that they have to provide the necessary financial information to members, donors, and contributors and also to the Registrar of Societies. For this purpose, they have to prepare their final accounts at the end of the accounting period and the general principles of accounting are fully applicable in their preparation as stated earlier, the final accounts of a ‘not-for-profit organisation’ consist of the following: (i) Receipt and Payment Account (ii) Income and Expenditure Account, and (iii) Balance Sheet.
* Part of issued capital which can be called only in the event of winding up- Reserve Capital.
A company may set aside a portion of its uncalled capital, which would only be called upon in the event of the company's liquidation or winding up. This uncalled amount is referred to as the company's 'Reserve Capital' and is exclusively reserved for the satisfaction of creditors during the liquidation process. It is not shown in the balance sheet of the company.
* Issue of Debentures- Collateral security.
A collateral security may be defined as a subsidiary or secondary or additional security besides the primary security when a company obtains a loan or overdraft from a bank or any other financial Institution. It may pledge or mortgage some assets as a secured loan against the said loan. But the lending institutions may insist on additional assets as collateral security so that the amount of loan can be realized in full with the help of collateral security in case the amount from the sale of principal security falls short of the loan money. In such situation, the company may issue its own debentures to the lenders in addition to some other assets already pledged. Such an issue of debentures is known as ‘ Debentures issued as Collateral Security’.
* Cash flow statement- Operating Activity.
The Cash Flow Statement helps in ascertaining the liquidity of an enterprise. Cash Flow Statement is to be prepared and reported by Indian companies according to AS-3 notified as per Companies Act 2013. The cash flows are categorized into flows from operating, investing, and financing activities. This statement helps the users to ascertain the amount and certainty of cash flows to be generated by the company. | 
