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Give one word/term/phrase for the following statement. The form of business organisation where huge amount of capital can be raised. - Book Keeping and Accountancy

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Question

Give one word/term/phrase for the following statement.

The form of business organisation where huge amount of capital can be raised.

Journal Entry
One Word/Term Answer

Solution

The form of business organisation where huge amount of capital can be raised. - Joint-stock company.

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Accounting for Share Capital
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Chapter 8: Company Accounts - Issue of Shares - Exercise 8.1 (Objective Questions) [Page 339]

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Balbharati Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
Chapter 8 Company Accounts - Issue of Shares
Exercise 8.1 (Objective Questions) | Q 1. (B) 4. | Page 339

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