Which of the following statements about share capital is TRUE? (A) A company's shares are generally transferable. (B) Share application account is a…
CUET UG 2025 — Accountancy Company Accounts
Which of the following statements about share capital is TRUE?
(A) A company's shares are generally transferable.
(B) Share application account is a personal account.
(C) The part of capital which is called up only on winding up of a company is called reserve capital.
(D) Paid up capital can exceed called up capital.
Choose the correct answer from the options given below:
Held on 24 May 2025 · Verified 13 Jul 2026.
Options
- A
(A), (B) and (D) only
- B
(A), (B) and (C) only
- C
(A), (B), (C) and (D)
- D
(B), (C) and (D) only
Did you get this right?
Sign in to track your attempts and accuracy.
Your note
Sign in to keep a private note on this question. Nothing you write is ever public.
CUET UG Company Accounts in other years
More CUET UG Company Accounts questions
In which order, the share capital of the Company is shown on the balance sheet: (A) Authorized Capital (B) Subscribed and fully paid up Capital (C) Issued Capital (D) Subscribed but not fully paid up Choose the correct answer from the options given below:
Select the TRUE statement related to the issue/re-issue of equity shares.
What does 'E' stand for in ESOP?
Blue Prints Ltd., account will be :
Arrange the following in correct order for issue of shares- (A) Share forfeiture (B) Share Application (C) Share Allotment (D) Unpaid Call Choose the correct answer from the options given below: 1. (B), (A), (C), (D) 2. (B), (C), (D), (A) 3. (B), (A), (D), (C) 4. (C), (B), (D), (A)
Other Accountancy topics for CUET UG
Keep practicing Company Accounts
Work through every CUET UG Company Accounts PYQ, year by year.