Question:medium
Calls in arrears of the company amounted to :
Calls in arrears of the company amounted to :
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Calls in Arrears = Unpaid amount on called-up capital.
It is calculated as: Number of shares on which payment is due but not received × Amount per share not paid.
In this case, only the final call of ₹30 was unpaid on 700 shares.
It is calculated as: Number of shares on which payment is due but not received × Amount per share not paid.
In this case, only the final call of ₹30 was unpaid on 700 shares.
Updated On: Mar 9, 2026
- ₹ 21,000
- ₹ 70,000
- Nil
- ₹ 49,000
Show Solution
The Correct Option is A
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