Accountancy, asked by tejamummidi9000, 1 year ago

What is the journal entry for cash received on sale of shares?

Answers

Answered by Anonymous

3

Cash ac dr
To equity share ac
To preference share capital account
To securities premium account.

it helps you....
pls make me brainlist......

Answered by fryan2503

7

Answer:

Cash A/c

to Investment A/c

Explanation:

as shares is way of raising capital ...

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