Arrange the following in the correct order of presentation/classification of share capital:(A) Subscribed Capital(B) Issued Capital(C) Authorised Capital(D) Paid-up Capital(E) Called-up CapitalChoose the correct answer from the options given below:
- A(C), (B), (A), (D), (E)
- B(B), (C), (A), (D), (E)
- C(C), (B), (A), (E), (D)
- D(B), (C), (A), (E), (D)
Solution & Step-by-step Explanation
According to Schedule III of the Companies Act, 2013, the presentation layout hierarchy for Share Capital in notes to accounts flows from maximum limits down to realized payments:Authorised Capital (C)Issued Capital (B)Subscribed Capital (A)Called-up Capital (E)Paid-up Capital (D)Hence, the correct sequence is (C), (B), (A), (E), (D).