According to Table 'A', annual interest on calls-in-advance should be

Related MCQs

• According to Table 'A', a company can charge annual interest on calls-in-arrears at
• The maximum rate of interest paid by a company on Calls- in-advance as per Table 'A' is
• The maximum rate of interest received by a company on Calls-in-arrears as per Table 'A' is
• Interest accrued and not due is shown under the head
• Interest accrued and not due on unsecured loan is shown under the head
• When Forfeited shares are reissued, then the discount allowed should be             the amount received from old share holders
• When shares have been issued at discount, then the proportionate amount of discount on forfeited shares should be
• In piecemeal Distribution according to Surplus capital method, final deficit of each partner