Amount of Calls in Arrears is shown in the Balance Sheet ........

General Accounting Principles Accounting for Shares

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Amount of Calls in Arrears is shown in the Balance Sheet ?

as deduction from issued capital

as deduction from subscribed capital

as addition to subscribed capital

on the assets side

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Explanation:

calls in arreares:

if a share holder defaults in payment of the call amount due to allotment or on any calls according to thr terms, the amount not received against the amount called is calls in arrears

Amount of calls in arrear will be shown as a deduction from the subscribed but not fully paid capital on the equity and liabilities side of the Balance Sheet,