what is calls-in-arrears?

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the process of excise duty?

2032


Who to create a budget on software company

1620


Placed an order with Mani for supply of goods worth Rs.5000/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

1597


why do you think you are sutable candidate for this post

1588


i engaged with the accounts of manufacturing concern, i have a question when we purchased a fixed assets and after this we put the fuel in this for trial then this fuel is our also capital exp

2675






WHAT ARE EQUITY SECURITIES?

1604


Hello... i am looking jobs in investment banking, derivates and BRS and i apply nakuri,Timesjobs and monster. But i did not get the job. so if websites and ID. Please help me.. Thanking u...

1733


What is Hot Issue Income for Hedge Funds?

8235


Zee Ltd. uses material—A for the production of Product M. The safety stock of material A is 300 units; the supplier quotes a delivery delay of two or three weeks. If the company uses 500 to 800 units a week according to the activity levels, the re–order level of material–A will be A. 2300 units; B. 2400 units; C. 2700 units; D. 28 units.

2561


Expand SOIT

1453


What Kind Of Requirements for Vat Refund And Assessment Cases

1329


How will we calculate T1, T2 capital in CRR(Cash Reserve Ratio)?

2444


1.tell about urself? 2.wt is BRS? 3.VAT? 4.Golden principle of accounting?

2004


All Accounting Question Related Send Me ..

1667


Can you please help me calculate the pre tax profit for credit card for 2014 using the following Assumptions. Request you to list the steps used. Charges Late fee £12 per occurrence Over limit fee £10 per occurrence Cash fees 3% of cash withdrawal value Annual Fee £25 per account, per year Interchange 1% of transaction value KPIs Accounts overdue 10% per month Accounts over limit 15% per month Average APR 30% Balances revolving 90% of balance Average balance £900 at end of 2013 Expected growth in average balance (2014) 10% per annum Assumptions Open accounts 200,000 at 2013 year-end New accounts booked 5,000 per month Annual operating cost £50 per open account Cost of Acquisition £50 per account Provision rate 9% of total balances Annual cost of funds 4% by balance Charge off Unit charge-off rate in 2014 11% of accounts at 2013 year-end Unit charge-off rate in 2014 0% of accounts booked in 2014 Post charge-off recoveries 20% of balance Account Transactions Monthly turnover 5% of total month end balances Cash advances 20% of monthly turnover Additional Assumptions Please state any additional assumptions you have made to calculate your answer Thanks in advance,

1348