Easy Office
LCI Learning

Share Application Money

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
09 April 2010 Can a Company credit a Share Application Money Account by way of raising Debit in the name of Sharholder in Company's Books or Money should be introduced in Share Application Money Account only by payment to compnay in cash.

Its in case of Private Ltd. Co.
Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
09 April 2010 IT SHOULD BE SHOWN IN SHARE APPLICATION MONEY ACCOUNT. OR ALTERNATIVELY A GROUP NAMED SHARE APPLICATION MONEY CAN BE CREATED AND NAME OF PARTY CAN BE SHOWED IN THAT GROUP.
Profile Image

CA Ashok Kumar Sahu

Profile Image

CA Ashok Kumar Sahu (Expert)
09 April 2010 as per my opinion Money should be introduced in Share Application Money Account only by payment to company in cash.
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links