Which of the following should be deducted from the called-up capital to find out paid-up capital:
A. Calls-in-advance
B. Calls-in-arrear
C. Share forfeiture
D. Discount on issue of shares
Answer:B
Which of the following should be deducted from the called-up capital to find out paid-up capital:
A. Calls-in-advance B. Calls-in-arrear C. Share forfeiture D. Discount on issue of shares