Concept:Once a subscriber has been allotted shares and has paid the full allotment amount, they become a shareholder/member of the company.
Explanation:A person first applies for shares by submitting an application.
After receiving the application, the company allots a certain number of shares to that person.
The subscriber is then required to pay the allotment money within the specified time.
When the allotment money is fully paid, the subscriber is no longer merely an applicant or an allottee.
The company records the subscriber's name in its register of members.
At this stage, the subscriber acquires full ownership rights, such as voting rights and the right to receive dividends.
Therefore, in the language of company accounts, such subscribers are officially called shareholders.
Answer:D. Shareholders