Which of the following is true about the calls in advance in share capital?

Added to share capital Deducted from share capital Not shown in the balance sheet Shown on the Equity and Liabilities side

Shown on the Equity and Liabilities side

The balance in ‘Calls in Advance’ account is shown as a separate item under the title Equity and Liabilities in the company’s balance sheet under the head ‘current liabilities’, as sub-head ‘others current liabilities’. It is not added to the amount of paid-up capital.