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easyMCQCUET Accountancy 2022 30 Aug Shift 22026Accountancy
1 mark

What is the correct sequence of allotment of sharesA. Allotment money receivedB. Inviting applications from investorsC. Allotment DueD. Application money ReceivedE. Share Call Money DueChoose the correct answer from the options given below :

  1. A
    E, C, A, B, D
  2. B
    A, B, C, D, E
  3. C
    B, D, C, A, E
  4. D
    C, A, E, D, B

Solution & Step-by-step Explanation

The correct sequence is:B. Inviting applications from investorsD. Application money ReceivedC. Allotment DueA. Allotment money receivedE. Share Call Money DueThus, B, D, C, A, E.

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What is the correct sequence of allotment of sharesA. Allotment money receivedB. Inviting applications from investorsC. Allotment DueD. Application money ReceivedE. Share Call Money DueChoose the correct answer from the options given below :
A
E, C, A, B, D
B
A, B, C, D, E
C
B, D, C, A, E
D
C, A, E, D, B

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