Accountancy, asked by hemlataaanjna007, 11 months ago

what is the nature of share application share allotment​

Answers

Answered by Nathashachinnu6
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".

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