A person who has applied to purchase shares in a company ...
A person who has applied to purchase shares in a company is referred to as
A promoter
A subscriber
An allottee
An underwriter
Correct answer is B
Companies issue their shares for subc=scription either publicly or by private placement. People who apply to subscribe (buy) the shares are subscribers.
The understatement of closing value of work-in-process would have the effect of? ...
The book of account in which information from the source documents are recorded consists of ...
Preliminary expenses is an example of ...
As evidence of payment to a government ministry, the revenue collector issue ...
One major advantage of ledger is that it ...
An increases in the provision for doubtful debts results is a\an ...