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| Q.8 | The journal entry for the receipt of share application money is: | |
| Ans | A. Bank A/c … Dr To Share Application A/c | |
| B. Share Application A/c … Dr To Bank A/c | ||
| C. Bank A/c … Dr To Investor A/c | ||
| D. Investor A/c … Dr To Share Application A/c |
Correct Ans Provided: A
