Home » Accounts (Principles of Accounts) » Payment for shares in excess of amount offered gives rise toPayment for shares in excess of amount offered gives rise to Payment for shares in excess of amount offered gives rise to A. subscription in advance B. revenue reserves C. capital reserves D. calls-in-advance Correct Answer: Option C Explanation Related Posts Which of the following is a debit item in the sales ledger control account A typical example of a real account is? Which of the following is not an external user of accounting information? The class of shareholders who are paid last in the event of wedding-up are Which of the following is the reason why a seller allows a customer cash discount? The necessary accounts to be opened on the issue of ordinary share capital are?
