Share application Money
This query is : Resolved
Jayesh Jagetiya
(Querist)
03 August 2009
Dear Friends,
Our Company have received Share Application money.
We have credited the same to "Share Application A/c".
In which grouop this ledger should be?:-
1. Share capital
2. Creditors
3. Reserve & Surplus
4. Loans & Adv (Liability)
Our Company have received Share Application money.
We have credited the same to "Share Application A/c".
In which grouop this ledger should be?:-
1. Share capital
2. Creditors
3. Reserve & Surplus
4. Loans & Adv (Liability)
03 August 2009
Share Application Money reced will be under the group of Share Capital.
Ankur Garg
(Expert)
03 August 2009
Agree
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