The correct sequence of capitals as they appear in Notes to Accounts follows the standard presentation format prescribed in Schedule III of the Companies Act.
The presentation starts with Authorised/Nominal Capital at the top, showing the maximum capital that the company is authorized to raise as per its Memorandum of Association.
Next comes Issued Capital, which represents the portion of authorized capital that has been offered to the public or privately placed.
Within subscribed capital, Subscribed and Fully paid-up is shown first, representing shares where shareholders have paid the entire amount due on shares.
Finally, Subscribed and Not Fully paid-up appears last, showing shares where some amount remains unpaid by shareholders.
This gives the sequence:
(D) Nominal Capital → (C) Issued Capital → (B) Subscribed and Fully paid-up → (A) Subscribed and Not Fully paid-up
The correct answer is Option 1: (D), (C), (B), (A)