McqMate
Sign In
Hamberger menu
McqMate
Sign in
Sign up
Home
Forum
Search
Ask a Question
Sign In
McqMate Copyright © 2024
→
Bachelor of Business Administration (BBA...
→
Corporate Accounting
→
On calls in advance, interest is payable...
Q.
On calls in advance, interest is payable @ ….
A.
5%
B.
6%
C.
4%
D.
Nil
Answer» B. 6%
769
0
Do you find this helpful?
9
View all MCQs in
Corporate Accounting
Discussion
No comments yet
Login to comment
Related MCQs
As per the companies Act, the interest on calls in advance is …………..
Calls in advance is shown in the balance sheet as -------------
Calls in advance is shown on the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of the balance sheet
No dividend is payable on calls in ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
The rate of interest on Calls in arrears as per Companies Act is …………
Called up capital minus calls in appear is ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
Calls in arrear is shown on the liability side of the balance sheet:‐
Advance payment of tax is a….
Which of the following is not an advance given by a bank?
Advance tax paid is shown in the balance sheet under the head……….