Share application and allotment account is a
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hi
Explanation:
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
1
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".
MARK IT AS BRAINLIEST :)
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