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When a Company Issues Shares with Partial Payment Required on Application

Question 11

Multiple Choice

When a company issues shares with partial payment required on application and the remainder on allotment, the journal entry to record cash received on allotment of shares is:


A) When a company issues shares with partial payment required on application and the remainder on allotment, the journal entry to record cash received on allotment of shares is: A) B) C) D)
B) When a company issues shares with partial payment required on application and the remainder on allotment, the journal entry to record cash received on allotment of shares is: A) B) C) D)
C) When a company issues shares with partial payment required on application and the remainder on allotment, the journal entry to record cash received on allotment of shares is: A) B) C) D)
D) When a company issues shares with partial payment required on application and the remainder on allotment, the journal entry to record cash received on allotment of shares is: A) B) C) D)

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