Question : The total amount of equity and liability Includes-
Option 1: Authorised Capital
Option 2: Issued Capital
Option 3: Called up Capital
Option 4: Subscribed Capital
Correct Answer: Subscribed Capital
Solution : Total amounts of Equity and Liabilities include Subscribed Capital under the head Shareholders Funds (sub-head Share Capital).
Hence the correct answer is option 4.
Question : Arrange the following in proper sequence as a type of share capital :
(a) Paid up Capital
(b) Issued Capital
(c) Subscribed Capital
(d) Called up Capital
Option 1: Issued, Called-up, Paid-up, Subscribed
Option 2: Issued, Paid-up, Subscribed, Called-up
Option 3: Issued, Subscribed, Called-up, Paid-up
Option 4: None of the above
Question : Minimum subscription amount of 90% is related to which share capital..........
Option 1: Authorised Capital, Nominal capital
Option 2: Issued Capital and subscribed capital
Option 3: Called up and Paid up Capital
Option 4: Reserve Capital
Question : Which of the following capitals is missing from the Balance Sheet of a company?
Option 2: Called & Paid up capital
Option 3: Issued and subscribed capital
Question : Which of the following assertions is accurate?
Option 1: Authorised Capital < Issued Capital
Option 2: Authorised Capital > Issued Capital
Option 3: Paid up Capital > Issued Capital
Question : Authorised share capital is also known as:
Option 1: Called up Capital
Option 3: Reserve Capital
Option 4: Nominal Capital
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