What is meant by Calls-in-Advance? Post category:Accountancy Reading time:1 mins read SOLUTION Calls in advance refers to the amount which has not been called by company but has been paid by some shareholders in advance. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostHow are Calls-in-arrears shown in the Balance Sheet? Next PostHow are Calls in Advance shown in the Balance Sheet? You Might Also Like While preparing Cash Flow Statement, what type of activity is ‘Payment of Cash to acquire shares of another company by a trading company’? October 6, 2022 List any two items other than cash in hand and cheques in hand that are included in ‘Cash and Cash Equivalents’. (C.B.S.E. 2020, Punjab) October 4, 2022 Dinkar, Navita and Vani were partners sharing profits and losses in the ratio of 3: 2: 1. Navita died on 30th June, 2017. Her share of profit for the intervening period was based on the sales during that period, which were Rs. 6,00,000. The rate of profit during the past four years had been 10% on sales. The firm closes its books on 31st March every year. Calculate Navita’s share of profit. (CBSE 2019) August 4, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
While preparing Cash Flow Statement, what type of activity is ‘Payment of Cash to acquire shares of another company by a trading company’? October 6, 2022
List any two items other than cash in hand and cheques in hand that are included in ‘Cash and Cash Equivalents’. (C.B.S.E. 2020, Punjab) October 4, 2022
Dinkar, Navita and Vani were partners sharing profits and losses in the ratio of 3: 2: 1. Navita died on 30th June, 2017. Her share of profit for the intervening period was based on the sales during that period, which were Rs. 6,00,000. The rate of profit during the past four years had been 10% on sales. The firm closes its books on 31st March every year. Calculate Navita’s share of profit. (CBSE 2019) August 4, 2022