Match List-I with List-IIList-IList-II(A

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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) 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:

Options:

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

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

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

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

Correct Answer:

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

Explanation:

The correct answer is Option (1) →

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