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What is meant by calls in arrear? - Accountancy

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प्रश्न

What is meant by calls in arrear?

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उत्तर

When a shareholder fails to pay the amount due on the allotment or on calls, the amount remaining unpaid is known as calls in arrears.

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पाठ 7: Company accounts - Very short answer questions [पृष्ठ २५७]

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सामाचीर कलवी Accountancy [English] Class 12 TN Board
पाठ 7 Company accounts
Very short answer questions | Q II 3. | पृष्ठ २५७
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