Q10. Rearrange the following items of "Shareholder's funds" in an order as prescribed by companies A

Q: What is the correct answer for CUET UG Accounting Q10?

The correct answer is C. Sol. The correct order of "Shareholder's funds" as prescribed by the Companies Act 2013 in Schedule III is:E. Authorized capital: This represents the maximum amount of capital that the company is authorized to issue according to its memorandum of association.D. Issued capital: This is the portion of authorized capital that the company has actually issued to shareholders.B. Subscribed and fully pai

Q: Q10. Rearrange the following items of "Shareholder's funds" in an order as prescribed by companies Act 2013 in Schedule III of Companies Act, 2013 A. Shares forfeited A/c B. Subscribed and fully paid…

The correct answer is C. Sol. The correct order of "Shareholder's funds" as prescribed by the Companies Act 2013 in Schedule III is:E. Authorized capital: This represents the maximum amount of capital that the company is authorized to issue according to its memorandum of association.D. Issued capital: This is the portion of authorized capital that the company has actually issued to shareholders.B. Subscribed and fully pai

Q: What are the options for this CUET UG Accounting question?

A. A, B, C, D, E · B. E, A, B, D, C · C. E, D, B, C, A · D. C, D, A, B, E

Question

Q10. Rearrange the following items of "Shareholder's funds" in an order as prescribed by companies Act 2013 in Schedule III of Companies Act, 2013
A. Shares forfeited A/c
B. Subscribed and fully paid capital
C. Subscribed but not fully paid capital
D. Issued capital
E. Authorised capital
Choose the correct answer from the options given below:
(a) A, B, C, D, E
(b) E, A, B, D, C
(c) E, D, B, C, A
(d) C, D, A, B, E

FirstInTest · Accepted Answer

Sol. The correct order of "Shareholder's funds" as prescribed by the Companies Act 2013 in Schedule III is:E. Authorized capital: This represents the maximum amount of capital that the company is authorized to issue according to its memorandum of association.D. Issued capital: This is the portion of authorized capital that the company has actually issued to shareholders.B. Subscribed and fully paid capital: This refers to the portion of issued capital that shareholders have subscribed to and fully paid for.C. Subscribed but not fully paid capital: This represents the part of issued capital for which shareholders have subscribed but have not yet fully paid.A. Shares forfeited A/C: This account reflects shares that were forfeited by the company due to non-payment by shareholders.

Answer

A, B, C, D, E

Answer

E, A, B, D, C

Answer

E, D, B, C, A

Answer

C, D, A, B, E

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