The double entry for refund of unsuccessful application m...
The double entry for refund of unsuccessful application monies is debit
Application for shares account, credit bank account
Bank account, credit application for shares account
Allotment account, credit bank account
Cash account, credit bank accountÂ
Correct answer is A
No explanation has been provided for this answer.
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Use the information to answer the given question \(\begin{array}{c|c} Dr & & & &...
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\(\begin{array}{c|c} & \text{1/6/2011} & \text{30/5/2012}\\ & D & D \\ \hline \text{...