Question
Accountancy Question on Accounting for Share and Debenture Capital
Arrange the following in the correct order:
(A) Subscribed Capital
(B) Issued Capital
(C) Authorised Capital
(D) Paid-up Capital
(E) Called-up Capital
A
C, B, A, D, E
B
B, C, A, D, E
C
C, B, A, E, D
D
B, C, A, E, D
Answer
C, B, A, E, D
Explanation
Solution
The correct order is Authorised Capital → Issued Capital → Subscribed Capital → Paid-up Capital → Called-up Capital.
Hence, the correct answer is Option 3.