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Accountancy · 2025 · 1 mark
CBSE 2025 · Region 1 · Set 3 · Q1
Money received in advance from the shareholders before it is actually called up by the directors is:
Money received in advance from the shareholders before it is actually called up by the directors is :
Official answer
(A)
credited to calls in advance account
Marking-scheme solution
(A)
Credited to calls in advance account
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CBSE Class 12 Accountancy past-paper question from the 2025 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.