The process of distributing shares to successful applican...
The process of distributing shares to successful applicants is.........
Allocation
Apportionment
Allotment
Application
Correct answer is C
An allotment of shares is when a company distributes newly bought shares to applicants.
N Bank account 59,410 Capital account 50,000 Purchase account 20,000 Rent 2,500 Stationery 90 ...
The suspense account is used to correct book-keeping error where the ...
Drawings made by a partner would be ...
In a not for profit making organization, the excess of income over expenditure is ...
Balance as per cashbook 2, 970 Bank Charges 220 Unpresented cheques 3,950 Uncredited cheques 4,17...
The double entries for refund of unsuccessful application monies are, debit ...