While presenting share capital in the Ba

CUET Preparation Today

Start Free Mocks

Home Questions 93ARUBYJ7T

Target Exam

CUET

Subject

Accountancy

Chapter

Financial Statements of a Company

Question:

While presenting share capital in the Balance Sheet, the following items are added in Notes to accounts.

A. Subscribed and fully paid up
B. Authorized Share Capital
C. Subscribed but not fully paid up
D. Issued Share capital
E. Share forfeited Balance

Choose the correct answer from the options given below.

Options:

A & B only

A, B, C & D only

A, C & E only

A, C, D & E only

Correct Answer:

A, C & E only

Explanation:

The correct answer is Option (3) - A, C & E only.

Authorised capital and issued capital are shown in notes to account. Capital that is added is in subscribed capital by public.