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CA Foundation doubt

If there are calls in arrears and then forfeiture of those shares... Do we have to still make the entry for interest on calls-on arrears (for due as well as receipt)?

Image attached to the doubt: If there are calls in arrears and then forfeiture of those shares... Do we…

Asked by Mansi18 Jun 2024347 views

2 answers

  1. Mansi · 18 Jun 2024

    Okay thanks!

  2. Om · 18 Jun 2024

    interest on call and areal can be only charged when it is asked in question other wise no need

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