Answer / amit samaddar

CASH/BANK A/C Dr.
TO SHARE CAPITAL A/C

Answer / srikanth

cash / Bank A/c Dr
To Share Capital A/c
(Being share capital Received)

Answer / h.r. sreepada bhagi

When money is received towards Share Application :

Bank A/c Dr.
To Share Application Money A/c.

When Shares are allotted :

Share Application Money A/c Dr.
To Share Capital.

When Shares issued for subscription from the prospective
shareholders, no entry need to be passed in the books.
Entries will start only money starts coming towards issued
shares.

Answer / vivekanand

person a/c Dr
to shar capital a/c

Answer / kannan

shar capital a/c Dr
to bank a/c

What is a ledger? What do you mean by ledger posting?

0 Answers  

"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...

0 Answers  

In Balance Sheet Why we entered Liabilites & Incomes under Liabilites side , Assets & Expenditures under Assets side.In general think incomes are asssets,expenditures are liabilites.

9 Answers   Genpact,

WHAT IS ACCOUNTING HEAD FOR TRADE FINANCE? I HAVE PAID 49268 FOR TRADE FINANCE.WHERE SHOULD I TAKE IN TALLY

0 Answers   Wipro,

what is forex management?

2 Answers  

purchased books rs.50000 and paper 25000

4 Answers  

Cost Accounting

0 Answers   Chartered Accountant,

Explain what qualities and skills make an account manager successful?

0 Answers  

What is R2R Cycle?

1 Answers   IBM,

I purchased a Car & paid 10,000/- Rs. Cash & 50000/- Rs. By Loan. What will be the Entry ??

7 Answers   Focus,

what do you mean by profit and loss appropriation account ? what is the use of preparing it?

1 Answers   Syntel,

I have a questions regarding booking transaction. what is I want to loan my company 10k transaction will be recorded as follows "CASH" 10k debit "Payable to partner" 10K as credit. So when I used company debit card for my personal use can I book this as a loan repayment? which means I will have to Debit account " Payable to Partner and credit "Cash"

1 Answers