Question
Accountancy Question on Shares
Arrange the following steps in correct order.
(A) Calls in Arrears
(B) Reissue of shares
(C) Making calls
(D) Gain on Reissue transferred to Capital Reserve
(E) Forfeiture of shares
Choose the correct answer from the options 8iven below :
A
(C), (A), (E), (B), (D)
B
(A), (E), (C), (B), (D)
C
(C), (B), (E), (A), (D)
D
(C), (A), (B), (E), (D)
Answer
(C), (A), (E), (B), (D)
Explanation
Solution
The correct option is (A) :(C), (A), (E), (B), (D)