Arrange the following capitals in correct sequence as they appears in notes to account-(A) Subscribed and Not Fully paid-up(B) Subscribed and Fully paid-up(C) Issued Capital(D) Nominal CapitalChoose the correct answer from the options given below:
- A(D), (C), (B), (A)
- B(C), (A), (B), (D)
- C(B), (A), (D), (C)
- D(C), (B), (D), (A)
Solution & Step-by-step Explanation
Under Schedule III of the Companies Act 2013, Share Capital disclosure details within the Notes to Accounts must strictly mirror this order:Nominal (Authorised) Capital (D)Issued Capital (C)Subscribed Capital:Subscribed and Fully Paid-up (B)Subscribed and Not Fully Paid-up (A)Thus, the sequence is (D), (C), (B), (A).