A company maintains 'Calls in Arrears' Account. What entry it will be passed on receiving first call money provided whole amount due in it is not…
CUET UG 2025 — Accountancy Company Accounts
A company maintains 'Calls in Arrears' Account. What entry it will be passed on receiving first call money provided whole amount due in it is not received:-
Held on 30 May 2025 · Verified 13 Jul 2026.
Options
- A
Bank A/c Dr.
Calls in Arrears A/c Dr.
To Share First Call A/c - B
Bank A/c Dr.
To Calls in Arrears A/c - C
Calls in Arrears A/c Dr.
To Share First Call A/c - D
Share First Call A/c Dr.
To Calls in Arrears A/c
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