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Question : Interest received on Calls-in-arrear by a Company is considered as------------------.

Option 1: Operating activities

Option 2: Investing Activities

Option 3: Financing Activities

Option 4: None of the above


Team Careers360 15th Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: Financing Activities


Solution : Answer = Financing Activities

Interest received on Calls-in-arrear by a company is considered a financing activity. This is because it represents income generated from financing arrangements, specifically from calls made on shares that have not been fully paid by shareholders.
Hence, the correct option is 3.

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