मराठी

Under which of the following heading at liabilities side of the company's balance sheet, the balance in 'Calls-in-Advance' account is shown? -

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प्रश्न

Under which of the following heading at liabilities side of the company's balance sheet, the balance in 'Calls-in-Advance' account is shown?

पर्याय

  • Share Capital

  • Reserve and Surplus

  • Money received against share warrants 

  • None of the above

MCQ

उत्तर

Share Capital

Explanation:

The sum in the 'Calls-in-Advance' account is presented separately on the liabilities side of the balance sheet under the heading 'Share Capital,' but it is not added to the amount of paid-up capital. Calls-in-Advance is a company liability.

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Nature and Types of Share and Share Capital
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