Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Financial Statements of a Company

Question:

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:

Options:

C, B, D, E, A

D, A, B, E, C

A, B, C, D, E

B, A, D, E, C

Correct Answer:

D, A, B, E, C

Explanation: