Answer Posted / tunde
The outstanding difference between issued capital and paid-
up capital is called calls-in-arrears.For example, if after
allotment,a shareholder is yet to pay up total sum of
shares alloted, the outstanding balance owed by the
shareholder will be in call-in-arrears account, untill the
company makes a second call for payment of outstanding
balance and if the shareholder fails he will forfit the
shares alloted to him.
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
What is difference between cash flow and funds flow?
I want to know that if i get call from Mumbai Circle in SBI. what does it mean where will be my posting and my job profile, will i get accomodation from bank or not.
What is specific reserve
how to check which item is sold by the sundry debtors in tally?
What is Accounting on Computers
Tell me about how you have left a position better than you found it
What is the Purpose of Preparing Bank Reconciliation Statement?
Which entry we pass self entry like cash withdraw for ourself
respected sir,i am doing II b.com(CA) in a reputed college..i want to know about the ideas and ways to shine in future.i am doing ICWAI also sir.i want to know what shall i study more in this field to shine...
what is difference between account and accounting
Tell me the steps for Import and Export Thanks
EXPAND_________SEAMEC
what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching
what you mean by cross dunning
What are the types of journal categories available in the Oracle AP?