Arrange the following events (in relatio

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Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Accounting for Shares

Question:

Arrange the following events (in relation to the issue of shares) in a logical order.

(A) Transfer to capital reserve.
(B) Forfeiture of share.
(C) Calls in arrears.
(D) Re issue of share.

Choose the correct answer from the options given below:

Options:

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

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

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

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

Correct Answer:

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

Explanation:

The correct answer is Option (4) → (C), (B), (D), (A)