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Question
The unpaid amount on allotment and calls may be transferred to _____________ account.
Options
calls in advance
calls
calls in arrears
allotment
MCQ
Fill in the Blanks
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Solution
The unpaid amount on allotment and calls may be transferred to calls in arrears account.
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Chapter 8: Company Accounts - Issue of Shares - Exercise 8.1 (Objective Questions) [Page 338]
