English

Share Application is a ______ account. - Accounts

Advertisements
Advertisements

Question

Share Application is a ______ account.

Options

  • Personal

  • Real

  • Nominal

MCQ
Fill in the Blanks
Advertisements

Solution

Share Application is a Personal account.

Explanation:

It represents the amount received from applicants (persons), so it relates to individuals or entities, making it a personal account.

shaalaa.com
  Is there an error in this question or solution?
Chapter 6: Company Accounts - Issue of Shares - OBJECTIVE TYPE QUESTIONS [Page 6.152]

APPEARS IN

D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 6 Company Accounts - Issue of Shares
OBJECTIVE TYPE QUESTIONS | Q (v) | Page 6.152
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×