Do you think that Calls in Advance is a part of Share Capital? Post category:Accountancy Reading time:1 mins read SOLUTION No. It is not a part of Company’s Share Capital and no dividend is payable on the amount of Calls in advance. Please Share This Share this content Opens in a new window Twitter Opens in a new window Facebook Opens in a new window Google+ 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 PostD Ltd. invited applications for issuing 10,00,000 equity shares of Rs. 10 each. The public applied for 8,55,000 shares. Can the company proceed for the allotment of shares? Give reason in support of your answer. (C.B.S.E. 2014. Outside Delhi). Next PostIdentify the purpose of utilizing the ‘Security Premium Reserve’ that would maximise the return to shareholders. You Might Also Like Name any one line item that can be shown under the major heading “Equity and Liabilities” in a Company’s Balance Sheet. September 30, 2022 Is reserve capital a, part of ‘Unsubscribed Capital’ or ‘Uncalled Capital’. (C.B.S.E. 20 I8) September 28, 2022 What will be the Operating Profit Ratio, if Operating Ratio is 82.59%? August 17, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.