Which of These Accounts Used to Record the Issue of Shares

question 20

Multiple Choice

Which of these accounts used to record the issue of shares is a permanent account?

• A) Application
• B) Allotment
• C) Call
• D) Share capital

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Definitions:

Affection

A feeling of fondness or love towards someone or something, often displayed through physical closeness or emotional gestures.

Routine

A set of habitual or fixed actions performed regularly, often contributing to discipline or efficiency in daily activities.

Resilient

The capacity to recover quickly from difficulties; toughness, or the ability to bounce back from adversity, trauma, or stress.

Stepfamilies

Families formed when one or both partners in a relationship have children from previous relationships and those children and the new partners live together.