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	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

Choose the correct answer from the options given below:

Options:

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

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

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

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

Correct Answer:

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

Explanation:

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

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