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Home/Practice questions/Accountancy Part A
Accountancy Part AAccounting for Shares

Match List-I with List-IIList-IList-II(A) Subscribed but not fully pa…

Match List-I with List-II

List-IList-II
(A) Subscribed but not fully paid up capital(I) Shown under “Other Current Liabilities” in Balance Sheet
(B) Calls in Arrears(II) Shown under “Reserves & Surplus” in Balance Sheet
(C) Calls in Advance(III) Deducted from Subscribed Capital
(D) Securities Premium(IV) Share Capital Note Disclosure

Choose the correct answer from the options given below:

Answer & explanation+

Correct answer: option 1

The correct answer is Option (1) → 

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

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