Calls is arrears is a/an _________ for the company

An Asset

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

A Liability

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Expense

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Income

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A
An Asset

Calls in arrears is an asset for the company

Suggest Corrections

Similar questions

As per Companies Act, 2013, the maximum rate of interest on calls in arrears is_________.

Join BYJU'S Learning Program