Adjustment in company’s balance sheet for call in arrear

When a company makes the balance sheet after first time issue of shares. There may be the case of call in arrear.
In my earlier article, I have already explained call in arrear and call in advance. In this article, I want to explain, how you will do the adjustment in balance sheet for call in arrear. Call in arrear must be deduct from Called up capital
Called up Capital = Capital demanded at the time of Application + Allotment + and calls money
Less call in arrear = at the time of allotment and due date of call money
After deducting, it we can easily calculate paid up capital