1.

            Match the following List I List II A. If the forfeited shares are reissued at discount the discount amount is debited to the...... 1. Share premium B. .....can be used to write off preliminary expense 2. Share forfeiture account C. Premium received on Issue of debenture is a .. 3. 20 years D. Preference shared redeemable within .. can be issued 4. Capital gain Codes

A.          A\[\to \]2, B\[\to \]1, C\[\to \]4, D\[\to \]3   
B.  A\[\to \]4, B\[\to \]3, C\[\to \]2, D\[\to \]1
C.  A\[\to \]2, B\[\to \]4, C\[\to \]1, D\[\to \]3
D.  A\[\to \]2, B\[\to \]3, C\[\to \]4, D\[\to \]1
Answer» B.  A\[\to \]4, B\[\to \]3, C\[\to \]2, D\[\to \]1


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