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Short Answer Question What is Meant by Calls-in-arrears? - Accountancy

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Short Answer Question

What is meant by Calls-in-Arrears?

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उत्तर

When shareholder fails to pay all the instalments in due time, then company expects the shareholder to pay the outstanding amount in the later stages (or calls). Such amount of money that is being paid at the later stages is termed as Calls-in-Arrears.

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पाठ 1: Accounting for Share Capital - Question for Practice [पृष्ठ ६४]

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एनसीईआरटी Accountancy - Company Accounts and Analysis of Financial Statements [English] Class 12
पाठ 1 Accounting for Share Capital
Question for Practice | Q 4 | पृष्ठ ६४
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