How are Calls in Advance shown in the Balance Sheet? Post category:Accountancy Reading time:1 mins read SOLUTION Calls in Advance A/c is shown separately in the Balance Sheet under the main head ‘Current Liabilities’ and Sub-head ‘Other Current Liabilities’. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhat is meant by Calls-in-Advance? Next PostAt what rate interest on Calls-in-Arrear can be charged by a Company according to Table F of Schedule I of the Companies Act, 2013? You Might Also Like A, B and C were in partnership sharing profits in the ratio of 7 : 2 : 1 and the Balance Sheet of the firm as at 31st March, 2019 was: July 26, 2022 If Trade Receivables Turnover Ratio is more than the norm set for it, what will it indicate? October 3, 2022 Calculate Working Capital Turnover Ratio from the following information: Revenue from Operations Rs. 30,00,000; Current Assets Rs. 12,50,000; Total Assets Rs. 20,00,000; Non-current Liabilities Rs. 10,00,000, Shareholders’ Funds Rs. 5,00,000. August 16, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A, B and C were in partnership sharing profits in the ratio of 7 : 2 : 1 and the Balance Sheet of the firm as at 31st March, 2019 was: July 26, 2022
If Trade Receivables Turnover Ratio is more than the norm set for it, what will it indicate? October 3, 2022
Calculate Working Capital Turnover Ratio from the following information: Revenue from Operations Rs. 30,00,000; Current Assets Rs. 12,50,000; Total Assets Rs. 20,00,000; Non-current Liabilities Rs. 10,00,000, Shareholders’ Funds Rs. 5,00,000. August 16, 2022