12th Class Accountancy Accounting For Share Capital Question Bank MCQs - Accounting for Share Capital

  • question_answer
    Rishi Ltd. Is registered with authorised capital of Rs.10,00,000 divided into 1,00,000 Equity share of Rs.10 each. Out of which 80,000 shares are offered to the public and applications were received for 75,000 shares only. Company called Rs.8 per share till now.
    1. Authorised share capital (A) 8,00,000
    2. Issued share capital (B) 6,00,000
    3. Subscribed share capital (C) 10,00,000
    4. Called up capital (D) 7,50,000

    A) 1-[B]; 2-[C]; 3-[D]; 4-[A]

    B) 1-[B]; 2-[C]; 3-[A]; 4-[D]

    C) 1-[C]; 2-[A]; 3-[D]; 4-[B]

    D) 1-[C]; 2-[D]; 3-[A]; 4-[B]

    Correct Answer: C

    Solution :

    1-[C]; 2-[A]; 3-[D]; 4-[B]


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