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Cash received from the subscribed shares is recorded by debting?
Question 1
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Cash received from the subscribed shares is recorded by debting?
application, allotment and crediting cash
allotment and crediting cash
cash and crediting subscribed shares
cash, crediting application and allotment account
Answer Details
Read lesson note on Cashbook (JAMB)
Read lesson note on Partnership Accounts (JAMB)
Cashbook
Partnership Accounts
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