List I | List II | ||
A. | If the forfeited shares are reissued at discount the discount amount is debited to the...... | 1. | Share premium |
B. | .....can be used to write off preliminary expense | 2. | Share forfeiture account |
C. | Premium received on Issue of debenture is a .. | 3. | 20 years |
D. | Preference shared redeemable within .. can be issued | 4. | Capital gain |
A) A\[\to \]2, B\[\to \]1, C\[\to \]4, D\[\to \]3
B) A\[\to \]4, B\[\to \]3, C\[\to \]2, D\[\to \]1
C) A\[\to \]2, B\[\to \]4, C\[\to \]1, D\[\to \]3
D) A\[\to \]2, B\[\to \]3, C\[\to \]4, D\[\to \]1
Correct Answer: A
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