Target Exam

CUET

Subject

-- Accountancy Part B

Chapter

Financial Statements of a Company

Question:

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:

Options:

(D), (C), (B), (A)

(C), (A), (B), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer:

(D), (C), (B), (A)

Explanation:

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-