what is calls-in-arrears?

Answers were Sorted based on User's Feedback



what is calls-in-arrears?..

Answer / ashok kumar gupta

If any body purchase the share of a company whose per share
value is Rs.10 (Rs 2 on application,3 on first allotment &
Rs 5 on final call)and company demand the the value of
application & first allotment i.e. Rs. 5 but person who
purchase one share pays Rs 2 only in stead of Rs.5.So Rs.3
will be calls in Arrear.

Is This Answer Correct ?    27 Yes 5 No

what is calls-in-arrears?..

Answer / sanjeev

call in arrear is the amount which is balance on
shareholders, who has purchased the shares of the company.
for example if a share face value is rs 10/- ( rs 3/- on
application, rs3/-on allowtment, rs2/-on first call and
balance on 2nd call) if allowtment is made than the rest
amoount rs 4/- will be call in arrears.

Is This Answer Correct ?    17 Yes 7 No

what is calls-in-arrears?..

Answer / akansha rai

when we unable to pay the calls is called call in arrears
for exp. a company issued 10000 share @ 10 rs. each of shares 2 rs. for application , 3for allotment ,5 for first& final call at any reason we cannot pay the first & final call that's called call in arrears

Is This Answer Correct ?    7 Yes 0 No

what is calls-in-arrears?..

Answer / mohammad haashim

calla in arrears is when the share is rs 10. rs 3 on
application rs 2 on first call and rs 3 for second call and
the rest is known as calls in arrears

Is This Answer Correct ?    5 Yes 1 No

Post New Answer

More Accounting AllOther Interview Questions

How does the rendering of services on account affect the accounting equation? a. Liabilities increase; stockholder’s equity decreasesb. Assets increase; liabilities increase c. Assets decrease; stockholder’s equity increases d. Assets increase; stockholder’s equity increases

1 Answers  


an amount deducted from the catalog price for an item of merchandise is called?

1 Answers  


Is there a need of Form JJ if we have Delivery Chellan?

1 Answers   VME Precast,


what the course to be necessary after Graduation for professionl Accountant

1 Answers   Axon,


any other advice to prepare b.r.s easly

1 Answers  






hi.. inthe month of june our expenses 540.petty cash replenishment we received 530. in the next month we received the balance 10 and july petty cash replenishment for 450 + 10. how to prepare jv. eg: subry expenses a/c 540 to cash 530 to ???? 10 july: sundry expenses 450 ??????????????? 10 to cash 460 pls help

1 Answers  


How Frequently shall a company file the service tax returns and how frequently shall a company pay the service tax to the Government ?

0 Answers   Exedy,


what is difference between income accrued and income receivable?

5 Answers  


Wat is the diff.between revenue and capital expenditure? Wat is meant by deffered revenue expenditure?

14 Answers   TCI, TCS,


What Is The Limitation Of Remuneration Allowed If Book Profit Is 375850 In A Business Firm And In A Professional Firm?

0 Answers  


What is Income Statement ?

1 Answers  


how we can amortize the preliminary expenses calculation

1 Answers  


Categories