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The necessary accounts to be opened on the issue of ordinary share capital are?

The necessary accounts to be opened on the issue of ordinary share capital are?
  • A.
    preference share capital, cash and allotment accounts
  • B.
    bank and ordinary share capital accounts
  • C.
    cash and ordinary share capital accounts
  • D.
    nominal value and ordinary share capital accounts
Correct Answer: Option B
Explanation