Choose the correct order of the following in the Notes to Accounts of the Balance Sheet of the company:
(A) Calls in arrear
(B) Nominal Capital
(C) Issued Capital
(D) Subscribed and fully paid up capital
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → (B), (C), (D), (A)
In the Notes to Accounts, share capital is shown from the widest figure to the narrowest, and the calls not received are deducted at the end of the subscribed capital:
(B) Nominal Capital — the authorised or registered capital, the most the company may raise, so it opens the note.
(C) Issued Capital — the part of the authorised capital actually offered to the public.
(D) Subscribed and fully paid up capital — the part of the issued capital that applicants took up.
(A) Calls in arrear — money called up but not received, deducted last from the called-up amount.
NCERT (2026-27 edition):
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