Q1601
Match the following. List-I List-II a. The formula for calculating the profit on reissue is . . . . . . . . 1. Article of Association b. Right shares must be first offerred to existing . . . . . . . . 2. Security premium c. Premium received on issue of debenture is credited to . . . . . . . . account 3. Amount forfeited less discount on reissue d. Redeemable preference shares can be issued only when it is authorised by its . . . . . . . . 4. Equity shareholders
Match the following.
| List-I | List-II |
| a. The formula for calculating the profit on reissue is . . . . . . . . | 1. Article of Association |
| b. Right shares must be first offerred to existing . . . . . . . . | 2. Security premium |
| c. Premium received on issue of debenture is credited to . . . . . . . . account | 3. Amount forfeited less discount on reissue |
| d. Redeemable preference shares can be issued only when it is authorised by its . . . . . . . . | 4. Equity shareholders |
A.
a-3, b-4, c-1, d-2
B.
a-3, b-1, c-4, d-2
C.
a-3, b-4, c-2, d-1
AnswerD.
a-4, b-3, c-2, d-1
Answer: Option C
Solution
Answer: Option C
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