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The appropriate account to record any excess proceeds received and retained (not refunded) by a company from an oversubscription to a share offer application, is
The appropriate account to record any excess proceeds received and retained (not refunded) by a company from an oversubscription to a share offer application, is the:
Select one:
a. Share capital account;
b. Share issue costs account;
c. Forfeited Shares account;
d. Calls in advance account.
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