Question : Arrange the following in the correct order:
(A) Subscribed Capital
(B) Issued Capital
(C) Authorised Capital
(D) Paid-up Capital
(E) Called-up Capital
Choose the correct answer from the options given below:
Option 1: (C), (B), (A), (D), (E)
Option 2: (B), (C), (A), (D), (E)
Option 3: (C), (B), (A), (E), (D)
Option 4: (B), (C), (A), (E), (D)
Correct Answer: (C), (B), (A), (E), (D)
Solution : Following are in the correct order in the Balance Sheet under the head Share Capital: Authorised Capital, Issued Capital, Subscribed Capital, Called-up Capital, Paid-up Capital