share is application money included in shareholder's fund ?

This query is : Resolved 

14 September 2009 is share apllication money is part of Shareholder's funds ?

14 September 2009 No, it's a current liability till allotment is confirmed



14 September 2009 current liability

14 September 2009 Agree

17 September 2009 No it is not a part of net worth



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