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Cash received from the subscribed shares is recorded by debting?
Classroom
Accounts - Principles of Accounts Classroom
Jamb
Jamb 2008
Introduction To Company Accounts
Issue Of Shares And Debentures
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Cash received from the subscribed shares is recorded by debting?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Application, allotment and crediting cash
B
Allotment and crediting cash
C
Cash and crediting subscribed shares
D
Cash, crediting application and allotment account
Show Answer
Show Explanation
Correct Answer:
Option D
Explanation:
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Study Subjects
Accounts - Principles of Accounts
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