Which account is debited on receipt of the share calls money ?

None of these

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

Share calls account

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

Share capital account

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

Bank account

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

Open in App

Solution

The correct option is D
Bank account

Bank account is debited on receipt of the share calls money.

Suggest Corrections

Similar questions

Which account is credited on receipt of the share call money ?

Join BYJU'S Learning Program