Cash received from the subscribed shares is recorded by debting?

Cash received from the subscribed shares is recorded by debting?
  • A.
    application, allotment and crediting cash
  • B.
    allotment and crediting cash
  • C.
    cash and crediting subscribed shares
  • D.
    cash, crediting application and allotment account
Correct Answer: Option D
Explanation
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