Uncalled Capital
Code: 3120
👁 Views: 138
Account Information
| Financial Statement | Statement of Financial Position |
| Normal Balance | Debit |
Definition
Represents the portion of authorized capital that has not yet been called for payment from owners. This account appears as a negative number (deduction) from paid-up capital.
📐 IFRS vs US GAAP Accounting Treatment
IFRS
IAS 1
Presentation of Financial Statements
US GAAP
ASC 505
Equity
❓ Frequently Asked Questions
Q: What is uncalled capital?
A: The portion of authorized capital that has not yet been called for payment from shareholders. It appears as a negative number (deduction) from paid-up capital in equity.
Q: Does uncalled capital affect liquidity?
A: Not directly, but it represents a future obligation on shareholders that may become cash when called.