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.
What do you understand by the terms partners, firm and firms name? Answer: The persons who have entered into a Partnership with each other are individually termed 'P
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Outcome: The outcomes of a program activity as compared to its intended aims. Program outcomes might be computed in terms of service or product quality and quantity, customer satisfaction, and usefulness.
Job Costing: It is an order-specific costing method, utilized in situations where each job is distinct and is executed to the customer's specifications. Job costing includes keeping an account of direct and in-direct costs. Q : Reconstitution of Partnership Meaning Meaning of Reconstitution: Any alter in agreement of partnership is termed as reconstitution of partnership firm. In following circumstances a partnership firm might be reconstituted: A) Alter in Profit Sharing Rat
Meaning of Reconstitution: Any alter in agreement of partnership is termed as reconstitution of partnership firm. In following circumstances a partnership firm might be reconstituted: A) Alter in Profit Sharing Rat
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