Select the features from the following which are related to Calls in Arrears:
(A) It reduces the paid-up capital
(B) It is debited where a company maintains its account.
(C) It increases liability
(D) It is shown on Asset side of the Balance Sheet
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) →
(A) and (B) only