Accountancy, asked by akashnigade15, 7 months ago

share appication account is a

Answers

Answered by zeel2032
2

Answer:

Share Application or share allotment or Share capital A/c all are personal accounts as they represent money from the shareholders and when money is due, these are to be debited because of the rule "Debit the receiver".

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Answered by parthbadgujar615
0

Share Application or share allotment or Share capital A/c all are personal accounts as they represent money from the shareholders and when money is due, these are to be debited because of the rule "Debit the receiver".

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