What is the correct sequence of types of capital in company's Balance Sheet while preparing notes to accounts?
A. Issued Capital
B. Subscribed and fully paid up Capital
C. Share forfeited Balance
D. Authorised Capital
E. Subscribed but not fully paid up capital
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → D, A, B, E, C
The note on share capital moves from the largest figure to the amount actually received:
(D) Authorised capital
(A) Issued capital
(B) Subscribed and fully paid up capital
(E) Subscribed but not fully paid up capital (less calls in arrears)
(C) Add: share forfeited balance
NCERT (2026-27 edition):
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