CUET Accountancy - A company maintains 'Calls in Arrears' Account. What entry it will be passed on receiving first call money provided whole amount due in it is not received:- | PYQs + Solutions

CUET Accountancy 2025 30 May Shift 2

Company Accounts

Medium

common

Bank A/c Dr.

Calls in Arrears A/c Dr.

To Share First Call A/c

Bank A/c Dr.

To Calls in Arrears A/c

Calls in Arrears A/c Dr.

To Share First Call A/c

Share First Call A/c Dr.

To Calls in Arrears A/c

✅ Correct Option: 1

CUET Accountancy 2025 30 May Shift 2 PYQs