why share applications money entry is not first due like share allotment money entry
why share applications money entry is not first due like share allotment money entry
Dr. Bank
Cr. Application
and
Dr. Application
Cr. Capital
This application entry is a must because they issue in installments/calls. But I feel that it is not necessary to make an application entry and it can directly be like
Dr. Bank
Cr. Capital.
Other calls can be recorded.
CAclubindia
