Arrange the following capitals in correct sequence as they appears in notes to account-
(A) Subscribed and Not Fully paid-up
(B) Subscribed and Fully paid-up
(C) Issued Capital
(D) Nominal Capital
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 1
The correct answer is option 1- (D), (C), (B), (A).
(D) Nominal Capital
(C) Issued Capital
(B) Subscribed and Fully paid-up
(A) Subscribed and Not Fully paid-up
A presentation of capital is given below-