(Calls-in-Arrears Account). Ghosh Ltd. Made the second and final call on its 50,000 Equity Shares @ Rs. 2 per share on 1st January,2006. The whole amount was received on 15th January, 2006 except on 100 shares allotted to Venkat. Pass necessary Journal entry for the cell money due and received by opening Calls-in-Arrears Account.
