Do you think that Calls in Advance is a part of Share Capital? Post category:Accountancy Reading time:1 mins read SOLUTION No. It is not a part of Company’s Share Capital and no dividend is payable on the amount of Calls in advance. 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 PostD Ltd. invited applications for issuing 10,00,000 equity shares of Rs. 10 each. The public applied for 8,55,000 shares. Can the company proceed for the allotment of shares? Give reason in support of your answer. (C.B.S.E. 2014. Outside Delhi). Next PostIdentify the purpose of utilizing the ‘Security Premium Reserve’ that would maximise the return to shareholders. You Might Also Like In case of fluctuating capitals, where will you record drawings and interest on drawings? September 23, 2022 Current Liabilities of a company were Rs. 1,75,000 and its Current Ratio was 2: 1. It paid Rs. 30,000 to a Creditor. Calculate Current Ratio after payment. August 10, 2022 Ankit Ltd. issued 20,000 equity shares of 10 each at a premium of Rs. 2 per share, payable as: July 14, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
In case of fluctuating capitals, where will you record drawings and interest on drawings? September 23, 2022
Current Liabilities of a company were Rs. 1,75,000 and its Current Ratio was 2: 1. It paid Rs. 30,000 to a Creditor. Calculate Current Ratio after payment. August 10, 2022
Ankit Ltd. issued 20,000 equity shares of 10 each at a premium of Rs. 2 per share, payable as: July 14, 2022