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  2. Topic
    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 15: Formation and Capital Structure of Public Companies
  5. Question
    Share Application Account Is a ………
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Share Application Account Is a ………

Question 4

Question 4

Multiple Choice

Share application account is a ………..


A) Real Account
B) Nominal Account
C) Impersonal Account.
D) Personal Account

Correct Answer:

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Q8: IPO stands for ………………<br>A)Initial Private Offer<br>B)International Public

Q9: The shares firstly offered to the existing

Q10: The minimum application money to be paid

Q11: A newly established company cannot issue shares

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