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Calls in Arrears

Calls in arre...

Question

Calls in arrears is like a ___________.

A

loan granted by the company to the shareholders

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B

loan received by the company to the shareholders

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C

Loan received by the company from the vendors

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D

Loan granted by the company to the vendors

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Solution

The correct option is A
loan granted by the company to the shareholders

Calls in arrears is like a loan granted by the company to the shareholders.

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