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The amount called in respect of a share but not... - JAMB Accounting 2018 Question

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

A
Call in advance
B
call in arrears
C
forfeiture
D
shares
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Correct Option: B

Call in arrears 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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