State the correct order of categories of Share Capital as shown in 'Notes to Accounts' of Balance Sheet of a company.(A) Subscribed and Fully paid up Capital(B) Issued Capital(C) Subscribed but not fully paid up Capital(D) Authorised Capital(E) Share forfeited AccountChoose the correct answer from the options given below:
- A(D), (B), (A), (C), (E)
- B(B), (D), (C), (A), (E)
- C(B), (D), (A), (C), (E)
- D(A), (C), (B), (D), (E)
Solution & Step-by-step Explanation
The presentation sequence of Share Capital components in the 'Notes to Accounts' is:Authorised Capital (D)Issued Capital (B)Subscribed Capital, which breaks down into:Subscribed and Fully Paid up (A)Subscribed but not Fully Paid up (C)Add: Share Forfeited Account balance at the bottom line (E)Therefore, the correct sequence is (D), (B), (A), (C), (E).