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Share application Money

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(Querist)
03 August 2009 Dear Friends,
Our Company have received Share Application money.
We have credited the same to "Share Application A/c".

In which grouop this ledger should be?:-
1. Share capital
2. Creditors
3. Reserve & Surplus
4. Loans & Adv (Liability)
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CA. BIJENDER KR. BANSAL

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CA. BIJENDER KR. BANSAL (Expert)
03 August 2009 Share Application Money reced will be under the group of Share Capital.
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Ankur Garg

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Ankur Garg (Expert)
03 August 2009 Agree
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