Question:

Match List-I with List-II
List-I List-II
(A) Share capital(I) Will be called at the time of winding up
(B) Reserves and surplus(II) Calls in advance
(C) Reserve capital(III) Subscribed but not fully paid
(D) Current liabilities(IV) Sinking fund

Choose the correct answer from the options given below:

Updated On: Oct 29, 2024
  • (A) - (I), (B) - (II), (C) - (III), (D) - (IV)
  • (A) - (I), (B) - (III), (C) - (II), (D) - (IV)
  • (A) - (III), (B) - (IV), (C) - (II), (D) - (I)
  • (A) - (IV), (B) - (III), (C) - (II), (D) - (I)
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The Correct Option is A

Solution and Explanation

The correct matching is based on the nature of capital and liabilities.
Hence, the correct answer is Option 1.
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