The amount called in respect of a share but not paid before or on the…

Accounts - Principles of Accounts JAMB 2018

The amount called in respect of a share but not paid before or on the date fixed for payment is referred to as:

  • Call in advance
  • call in arrears checkmark
  • forfeiture
  • shares

The correct answer is: B

Explanation

is the amount called by the company which is not paid by the shareholders before the due date fixed for payment

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