Commerce Exam  >  Commerce Questions  >  Application and allotment ki entry sth mei kb... Start Learning for Free
Application and allotment ki entry sth mei kb hoti hai? can anyone plz tell me . bcoz I am confused in many questions?
Most Upvoted Answer
Application and allotment ki entry sth mei kb hoti hai? can anyone plz...
Sometimes we do not open separate application and allotment accounts but make entries regarding both applications and allotment in one account called application and allotment account. In such a case there will be no need of passing an entry for transferring surplus application money on partially accepted applications towards allotment.this is usually done in case of lumpsum i.e when they ask for all the money in one go ...The accounting entries are as follows:(a) For Application money received:Bank A/c Dr.To Share Application & Allotment A/c(Being application money received on … shares @ Rs… per share)(b) For transferring application money to capital and to make allotment:Share Application & Allotment A/c Dr.To Share Capital A/c(Being application money transferred to share capital @ Rs… per share and allotment due @ Rs….)(c) For allotment money received:Bank A/c Dr.To Share Application & Allotment A/c(Being allotment money received)Hope u've understood...
Community Answer
Application and allotment ki entry sth mei kb hoti hai? can anyone plz...
When share appl money is adjted in alltmntshapp dr to shcap to alltmntand this allt money is subtract at a time when allt money paid
Attention Commerce Students!
To make sure you are not studying endlessly, EduRev has designed Commerce study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Commerce.
Explore Courses for Commerce exam

Top Courses for Commerce

Application and allotment ki entry sth mei kb hoti hai? can anyone plz tell me . bcoz I am confused in many questions?
Question Description
Application and allotment ki entry sth mei kb hoti hai? can anyone plz tell me . bcoz I am confused in many questions? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Application and allotment ki entry sth mei kb hoti hai? can anyone plz tell me . bcoz I am confused in many questions? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Application and allotment ki entry sth mei kb hoti hai? can anyone plz tell me . bcoz I am confused in many questions?.
Solutions for Application and allotment ki entry sth mei kb hoti hai? can anyone plz tell me . bcoz I am confused in many questions? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Application and allotment ki entry sth mei kb hoti hai? can anyone plz tell me . bcoz I am confused in many questions? defined & explained in the simplest way possible. Besides giving the explanation of Application and allotment ki entry sth mei kb hoti hai? can anyone plz tell me . bcoz I am confused in many questions?, a detailed solution for Application and allotment ki entry sth mei kb hoti hai? can anyone plz tell me . bcoz I am confused in many questions? has been provided alongside types of Application and allotment ki entry sth mei kb hoti hai? can anyone plz tell me . bcoz I am confused in many questions? theory, EduRev gives you an ample number of questions to practice Application and allotment ki entry sth mei kb hoti hai? can anyone plz tell me . bcoz I am confused in many questions? tests, examples and also practice Commerce tests.
Explore Courses for Commerce exam

Top Courses for Commerce

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev