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Question
Match the following:
| (i) | 500 shares on which final call not received | (a) | Authorised share capital |
| (ii) | 500 shares on which final call has not been called | (b) | Subscribed and fully paid |
| (iii) | Shares offered to the public for subscription | (c) | Subscribed but not fully paid |
| (d) | Issued Share Capital |
Choose the Correct Option:
Options
(i) - (c), (ii) - (c), (iii) - (d)
(i) - (c), (ii) - (b), (iii) - (c)
(i) - (d), (ii) - (c), (iii) - (b)
(i) - (b), (ii) - (c), (iii) - (b)
MCQ
Match the Columns
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Solution
(i) - (c), (ii) - (c), (iii) - (d)
Explanation:
| (i) | 500 shares on which final call not received | (c) | Subscribed but not fully paid |
| (ii) | 500 shares on which final call has not been called | (c) | Subscribed but not fully paid |
| (iii) | Shares offered to the public for subscription | (d) | Issued Share Capital |
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