Share application money pending allotment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 July 2013
Dear sir,
What is mean by share application money pending allotment how to calculate it ?
Thanking advance
What is mean by share application money pending allotment how to calculate it ?
Thanking advance
08 July 2013
There is no calculation for it. It is just the amount which has been received as Share Application Money and allotment against which is yet to be made.
This amount to be shown as separate line item under "EQUITY AND LIABILITIES".
This amount to be shown as separate line item under "EQUITY AND LIABILITIES".
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