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 MD050

1 Answers   Meru Cabs,

What is the dual aspect concept?

0 Answers  

hove many % vat in calcym hydroxyd?

1 Answers  

PLZZZZZZZZZZZZ HELP ME FOR THE PREPARATION OF TEST JR.EXECUTIVE (ADMIN)IN ATM IAM APPEARED 1ST TIME IN THIS TEST MY TEST CENTER IS RAWALPINDI MY CONTACT NO IS 03338907330

0 Answers  

A firm had the following Balances on 1 January 1994: (i) Provision for bad and doubtful debts Rs 2,500 (ii) Provision for discounts on debtors Rs 1,200 (iii) Provision for discounts on creditors Rs 1,000 During the year, bad debts amounted to Rs 2,000, discounts allowed were Rs 100 and discounts received were Rs 200. During 1995 bad debts amounting to Rs l,000 were written off while discounts allowed and received were Rs 2,000 and Rs 5,000 respectively. Total debtors on 31 December, 1995 were Rs 48,000 before writing off bad debts, but after allowing discounts. On 31 December, 1995, this amount was Rs 19,000 after writing off the bad debts, but before allowing discounts. Total creditors on these two dates were Rs 20,000 and Rs 25,000 respectively. It is the firm’s policy to maintain a provision of 5% against bad and doubtful debts and 2% for discount on debtors and a provisions of 3% for discount on creditors. Show the accounts relating to provisions on debtors and provisions on creditors for the year 1994 and 1995.

0 Answers  

what you mean by amortisation

3 Answers  

what is cash book

3 Answers  

What is the entry for Accumulated Depreciation??

2 Answers   Genpact,

Topic contra entry; How to post cash withdrawn from bank for office work? the journals to be passed?

0 Answers  

4- What do you mean by journals and journalizing?

1 Answers  

if cheque bounced what we received from customers and payed to bank what entry should we create in single entry system

0 Answers  

I am a service man.I want to submit my income tax return by efilling.Anybody can help me to do the same with the information to submit the file?

0 Answers