Question

Shares on which the final call is not received are shown in the Notes to Accounts on share capital under subscribed capital as ________________.

• A. Subscribed and fully paid
• B. Subscribed but not fully paid
• C. None of the above
• D. Any of the above

Answer 1

The correct option is B Subscribed but not fully paid

Shares on which final call is not received are shown in notes to accounts on share capital under subscribed and not fully paid. When money on calls is not received it is called as calls in arrears. They are shown under the head subscribed and not fully paid as these shares are subscribed by the shareholder and the full money on the same isn't yet received.