Share application account is classified as
A) Real account
B) Personal account
C) Impersonal account
D) Nominal account
Correct Answer:
Verified
Q11: The debentures whose principal amount is not
Q12: Debenture Application Account is in the nature
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%
Q17: The minimum share application is
A)1% of the
Q18: The excess price received on the par
Q19: Which of the following should be deducted
Q20: The security premium will be shown under
Q21: The rate of discount on shares cannot
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents