Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
| Q.88 | The journal entry for transfer of excess application money towards allotment money is: | |
| Ans | A. Share Application A/c … Dr To Share Allotment A/c | |
| B. Share Capital A/c … Dr To Share Allotment A/c | ||
| C. Share Application A/c … Dr To Bank A/c | ||
| D. Share Allotment A/c … Dr To Share Application A/c |
Correct Ans Provided: A
