Is it necessary to write full forms in jornal entries in accounts exam 2020 like eq. Share app. Instead of equity share application?

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Dear Student
yes it is necessary to write full forms

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Q. The authorised capital of ₹ 16,00,000 of Bharat Ltd. is divide into 1,60,000 Equity Shares of ₹ 10 each. Out of these shares, 80,000 Equity Shares were issued at par to public for subscription. The full nominal value is payable on application. All the shares were subscribed by the public and total amount was paid for. Pass necessary journal entries in the books of the company.

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Is it necessary to write full forms in jornal entries in accounts exam 2020 like eq. Share app. Instead of equity share application?

Dear Student yes it is necessary to write full forms Regards

Dear Student
yes it is necessary to write full forms

Regards