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In accounting for the funds received by the company in the process of raising capital, it is sometimes necessary to raise a cash trust account.
In accounting for the funds received by the company in the process of raising capital, it is sometimes necessary to raise a cash trust account. However, the cash trust account is not always an appropriate account to use.
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Compare the various ways in which a company may increase its share capital and analyse when a cash trust should be used in the accounting process.
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