Teaching Accountancy Company Accounts Question Bank MCQ - Company Accounts

  • question_answer
    Match the following  
    List I List II
    A. Partly paid preference share 1. Premium on redemption of preference shares
    B. Capital redemption reserve 2. Current liabilities
    C. Security premium 3. Redemption out of free reserve
    D. Unclaimed dividend 4. Can not be redeem
    Codes

    A)          A\[\to \]4, B\[\to \]3, C\[\to \]2, D\[\to \]1   

    B)  A\[\to \]2, B\[\to \]1, C\[\to \]4, D\[\to \]3

    C)  A\[\to \]4, B\[\to \]3, C\[\to \]1, D\[\to \]2

    D)  A\[\to \]4, B\[\to \]1, C\[\to \]2, D\[\to \]3

    Correct Answer: C


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