Match List-I with List-II List-

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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) Under Subscription	(I) Issue of Shares at an amount more than the nominal or par value of shares.
(B) Issue of Shares at a Premium	(II) It is a situation where the number of shares applied for is less than the number for which applications have been invited for subscription.
(C) Over Subscription	(III) The amount so received from the shareholders when shareholders pay a part or the whole of the amount of the calls not yet made.
(D) Calls in Advance	(IV) when applications for more shares of a company are received than the number offered to the public for subscription

Choose the correct answer from the options given below.

Options:

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

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

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

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

Correct Answer:

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

Explanation:

The correct answer is Option (2) → (A)-(II), (B)-(I), (C)-(IV), (D)-(III)

List-I	List-II
(A) Under Subscription	(II) It is a situation where the number of shares applied for is less than the number for which applications have been invited for subscription.
(B) Issue of Shares at a Premium	(I) Issue of Shares at an amount more than the nominal or par value of shares.
(C) Over Subscription	(IV) when applications for more shares of a company are received than the number offered to the public for subscription.
(D) Calls in Advance	(III) The amount so received from the shareholders when shareholders pay a part or the whole of the amount of the calls not yet made.