Debenture Application Account is in the nature of
A) Real Account
B) Personal Account
C) Nominal Account
D) None of the above
Correct Answer:
Verified
Q7: Which of the following is not a
Q8: Which of the following statements is false?
A)At
Q9: Which of the following statements is false
Q10: The Principal amount of debentures will be
Q11: The debentures whose principal amount is not
Q13: Discount on issue of Debentures is in
Q14: Premium received on issue of debentures may
Q15: If the rate of G/P is 25%
Q16: Share application account is classified as
A)Real account
B)Personal
Q17: The minimum share application is
A)1% of the
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