List I | List II | ||
A. | After reissue of forfeited shares the balance of share forfeiture account is | 1. | Assets |
B. | Bonus issue is made | 2. | Free reserve |
C. | Debentures secured by a charge on secured debentures | 3. | Accumulated profits |
D. | Workmen's compensation fund is ..to extent there is no compensation payable. | 4. | Capital , Reserve A/c |
A) A\[\to \]4, B\[\to \]3, C\[\to \]2, D\[\to \]1
B) A\[\to \]4, B\[\to \]3, C\[\to \]1, D\[\to \]2
C) A\[\to \]2, B\[\to \]1, C\[\to \]4, D\[\to \]3
D) A\[\to \]2, B\[\to \]4, C\[\to \]1, D\[\to \]3
Correct Answer: B
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