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mediumMCQCUET Accountancy 2025 22 May Shift 12026Accountancy
1 mark

In which order, the share capital of the Company is shown on the balance sheet:(A) Authorized Capital
(B) Subscribed and fully paid up Capital
(C) Issued Capital
(D) Subscribed but not fully paid upChoose the correct answer from the options given below:

  1. A
    (A), (B), (C), (D)
  2. B
    (A), (C), (B), (D)
  3. C
    (B), (A), (D), (C)
  4. D
    (C), (B), (D), (A)

Solution & Step-by-step Explanation

Under Schedule III of the Companies Act, 2013, the presentation of Share Capital in the Notes to Accounts follows a specific structural hierarchy:Authorized Capital (A)Issued Capital (C)Subscribed Capital, which is further classified into:Subscribed and fully paid up (B)Subscribed but not fully paid up (D)Looking closely at the standard grouping representation, Subscribed Capital as a main head follows Authorized and Issued. Under Subscribed Capital, Category (B) is presented first followed by Category (D). Therefore, the linear sequence matching the choices is (A), (C), (B), (D).

Practice this question

Try it yourself before checking the explanation above.

In which order, the share capital of the Company is shown on the balance sheet:(A) Authorized Capital
(B) Subscribed and fully paid up Capital
(C) Issued Capital
(D) Subscribed but not fully paid upChoose the correct answer from the options given below:
A
(A), (B), (C), (D)
B
(A), (C), (B), (D)
C
(B), (A), (D), (C)
D
(C), (B), (D), (A)

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