List I | List II | ||
A. | The formula for calculating the profit on reissue is | 1. | Aricle of Association |
B. | Right shares must be first offered to existing....... | 2. | Security premium |
C. | Premium received on issue of debenture is credited to...... | 3. | Amount forfeited less discount on reissue |
D. | Redeemable preference shares can be issued only when it is authorised by its .. | 4. | Equity shareholders |
A) A\[\to \]3, B\[\to \]4, C\[\to \]1, D\[\to \]2
B) A\[\to \]3, B\[\to \]1, C\[\to \]4, D\[\to \]2
C) A\[\to \]3, B\[\to \]4, C\[\to \]2, D\[\to \]1
D) A\[\to \]4, B\[\to \]3, C\[\to \]2, D\[\to \]1
Correct Answer: C
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