Calls in Arrears
What are the various Calls in Arrears? Describe it.
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Calls in Arrears: Assume that, you issue shares of $ 5,00,000 and out of this you encompass to get $ 1,00,000 in the form of final call. $ 20,000 is not acquired on its due date. That $ 20,000 will be calls in arrears. This is the asset of company and it should be deducted from called up capital for computing net paid up capital that is shown in liability side of balance sheet. Such call in arrears might be of managers, directors or other shareholders.
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Q : What is Direct Cost Direct Cost : The Direct Cost: The cost of resources directly used by an activity. The direct costs are assigned to actions by direct drawing of units of resources used by individual actions. A cost which is particularly recognized with a single cost o
Direct Cost: The cost of resources directly used by an activity. The direct costs are assigned to actions by direct drawing of units of resources used by individual actions. A cost which is particularly recognized with a single cost o
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