The sequence begins when application money is transferred to Share Capital A/c on allotment (D), then allotment becomes due (E), allotment money is received (C), then calls become due (B), and finally call money is received (A). Order: D, E, C, B, A.
When a company issues shares in open market and the amount is payable in instalments. What is the sequence of amount demanded by the company? A.…
CUET UG 2023 — Accountancy Company Accounts
2023mcqmedium
When a company issues shares in open market and the amount is payable in instalments. What is the sequence of amount demanded by the company?
A. Money received on calls
B. Money due on calls
C. Allotment money received
D. Application money transferred to Share Capital A/c
E. Allotment money due.
Choose the correct answer from the options given below:
Official previous-year question
Held on 29 May 2023 · Verified 13 Jul 2026.
Options
- A
D, C, B, A, E
- B
D, E, C, B, A
- C
D, C, A, B, E
- D
D, E, C, A, B
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