Amount due on calls made but not paid is known as ............

CS Executive · Corporate and Management Accounting · PYQS · June 2021
Amount due on calls made but not paid is known as ............
(A) Calls-in-Advance
(B) Calls-in-Arrear
(C) Unpaid amounts
(D) Defaulting amounts

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Corporate Accounting

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