What will be the correct sequence of events? (i) Forfeiture of shares.(ii) Default on Calls.(iii) Re-issue of shares.(iv) Amount transferred to capital reserve.Options:(A) (i), (iv), (ii), (iii)(B) (ii), (iv), (i), (iii)(C) (ii), (i), (iii), (iv)(D) (iii), (iv), (i) (ii)

What will be the correct sequence of events? (i) Forfeiture of shares

1.	What will be the correct sequence of events? (i) Forfeiture of shares.(ii) Default on Calls.(iii) Re-issue of shares.(iv) Amount transferred to capital reserve.Options:(A) (i), (iv), (ii), (iii)(B) (ii), (iv), (i), (iii)(C) (ii), (i), (iii), (iv)(D) (iii), (iv), (i) (ii)
Answer» Correct answer is: (C) (ii), (i), (iii), (iv)

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What will be the correct sequence of events? (i) Forfeiture of shares.(ii) Default on Calls.(iii) Re-issue of shares.(iv) Amount transferred to capital reserve.Options:(A) (i), (iv), (ii), (iii)(B) (ii), (iv), (i), (iii)(C) (ii), (i), (iii), (iv)(D) (iii), (iv), (i) (ii)

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