Question: Identify the wrong statement's from the following? 1. The authorized capital which is not offered to investors or public for subscription is known as uncalled

Identify the wrong statement's from the following? 1. The authorized capital which is not offered to investors or public for subscription is known as uncalled capital. II. In certain cases, the subscribed capital can be more than the issued capital. III. When the issued shares are not fully taken up by the investors or public, then Subscribed capital will be less than issued capital. a. Statement I and III only wrong o b. Statement II and Ill only wrong Oc. All statements are wrong O d. Statement I and II only wrong Question 5 Not yet ang Excel Incorporation issues 100,000-6% Redeemable preference stock with a par value of OMR 1 at a premium issue price of OMR 1.250 on Ist January 2019.This transaction: o a. Credit share premium and bank account and Debit share capital account. O b. Credit share capital and share premium account and Debit bank account O c. Credit Share capital and bank account and Debit share premium account. O d. None of these. Question 18
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