calculation of calls in arrears with an example in category wise distribution
Nandini, the concerned topic is taught in Class-XII. The topic has been well explained in the study material for the Class-XII Accountancy that's available on our site. Follow the below links and refer to the same. Also, refer to the related videos.
- https://www.meritnation.com/cbse/class12-commerce/studymaterial/accountancy/company-accounts-and-analysis-of-financial-statements/accounting-for-share-capital/436_2433_7733#slide7_over-subscription-and-pro-rata-allotment
- https://www.meritnation.com/cbse/class12-commerce/studymaterial/accountancy/company-accounts-and-analysis-of-financial-statements/accounting-for-share-capital/436_2433_5887#slide1_Calls-in-Arrears and Calls-in-Advance
- https://www.meritnation.com/cbse/class12-commerce/studymaterial/accountancy/company-accounts-and-analysis-of-financial-statements/accounting-for-share-capital/436_2433_5888#slide1_Forfeiture of Shares
- https://www.meritnation.com/cbse/class12-commerce/studymaterial/accountancy/company-accounts-and-analysis-of-financial-statements/accounting-for-share-capital/436_2433_10027#slide1_Forfeiture of Shares