Match LIST I with LIST II LIST I LIST II A Gain on sale of sports material I Liability side of Balance Sheet B Donation for Library II Income side of Income and Expenditure A/c C Grass seeds purchased III Assets side of Balance Sheet D Accrued Subscription IV Expenditure side of Income and Expenditure A/c Choose the correct answer from the options given below

Question

Match LIST I with LIST II LIST I   LIST II    A  Gain on sale of sports material  I Liability side of Balance Sheet  B Donation for Library  II Income side of Income and Expenditure A/c C  Grass seeds purchased III Assets side of Balance Sheet  D Accrued Subscription IV Expenditure side of Income and Expenditure A/c Choose the correct answer from the options given below

cdquestions Admin · Accepted Answer

The correct option is (A) :(A)-(II), (B)-(I), (C)-(IV), (D)-(III)

Answer

(A)-(II), (B)-(I), (C)-(IV), (D)-(III)

Answer

(A)-(I), (B)-(II), (C)-(III), (D)-(IV)

Answer

(A)-(II), (B)-(III), (C)-(I), (D)-(IV)

Answer

(A)-(I), (B)-(II),(C)-(IV), (D)-(III)

List-I (Name of account to be debited or credited, when shares are forfeited)	List-II (Amount to be debited or credited)
(A) Share Capital Account	(I) Debited with amount not received
(B) Share Forfeited Account	(II) Credited with amount not received
(C) Calls-in-arrears Account	(III) Credited with amount received towards share capital
(D) Securities Premium Account	(IV) Debited with amount called up

The Correct Option is A

Solution and Explanation

Top Questions on Balance sheet statement

Questions Asked in CUET exam

LIST I		LIST II
A	Gain on sale of sports material	I	Liability side of Balance Sheet
B	Donation for Library	II	Income side of Income and Expenditure A/c
C	Grass seeds purchased	III	Assets side of Balance Sheet
D	Accrued Subscription	IV	Expenditure side of Income and Expenditure A/c