Q1166
Match the following. List-I List-II a. After reissue of forfeited shares the balance of share forfeiture account is transferred to . . . . . . . . 1. Assets b. Bonus issue is made out of . . . . . . . . 2. Free reserve c. Debentures secured by a charge on . . . . . . . . are termed as secured debentures. 3. Accumulated profits d. Workmen's compensation fund is . . . . . . . . to extent there is no compensation payable. 4. Capital Reserve A/c
Match the following.
| List-I | List-II |
| a. After reissue of forfeited shares the balance of share forfeiture account is transferred to . . . . . . . . | 1. Assets |
| b. Bonus issue is made out of . . . . . . . . | 2. Free reserve |
| c. Debentures secured by a charge on . . . . . . . . are termed as secured debentures. | 3. Accumulated profits |
| d. Workmen's compensation fund is . . . . . . . . to extent there is no compensation payable. | 4. Capital Reserve A/c |
A.
a-4, b-3, c-2, d-1
B.
a-4, b-3, c-1, d-2
AnswerC.
a-2, b-1, c-4, d-3
D.
a-2, b-4, c-1, d-3
Answer: Option B
Solution
Answer: Option B
No explanation is given for this question Let's Discuss on Board