How are Calls-in-arrears shown in the Balance Sheet? Post category:Accountancy Reading time:1 mins read SOLUTION Amount of calls in arrear will be shown as a deduction from the subscribed but not fully paid capital on the equity and liabilities side of the Balance Sheet. 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 PostWhat are calls in Arrears? Next PostWhat is meant by Calls-in-Advance? You Might Also Like Name any two items that can be disclosed under ‘Reserve and Surplus’. September 30, 2022 Dev withdrew & 10,000 on 15th day of every month. Interest on drawings was to be charged @ 12 P.a. Calculate interest on Dev’s Drawings. July 21, 2022 ‘Purchase of goods Rs. 35,000 for cash will increase the operating ratio.’ Is the statement correct? Give reasons. October 3, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Dev withdrew & 10,000 on 15th day of every month. Interest on drawings was to be charged @ 12 P.a. Calculate interest on Dev’s Drawings. July 21, 2022
‘Purchase of goods Rs. 35,000 for cash will increase the operating ratio.’ Is the statement correct? Give reasons. October 3, 2022