What is the correct sequence of types of capital in company's Balance sheet while preparing notes to accounts.A. Issued CapitalB. Subscribed and fully paid up capitalC. Share forfeited BalanceD. Authorised CapitalE. Subscribed but not fully paid up capital Choose the correct answer from the options given below:
- AC, B, D, E, A
- BD, A, B, E, C
- CA, B, C, D, E
- DB, A, D, E, C
Solution & Step-by-step Explanation
The sequence in Notes to Accounts for Share Capital is: Authorised Capital (D)Issued Capital (A)Subscribed and fully paid up capital (B)Subscribed but not fully paid up capital (E)Share forfeited Balance (added to subscribed capital) (C).Therefore, D, A, B, E, C.