Follow Our FB Page << CircleMedia.in >> for Daily Laughter. We Post Funny, Viral, Comedy Videos, Memes, Vines...


if issue the share capital what is entry pass the journal

Answers were Sorted based on User's Feedback



if issue the share capital what is entry pass the journal..

Answer / amit samaddar

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

Is This Answer Correct ?    28 Yes 5 No

if issue the share capital what is entry pass the journal..

Answer / srikanth

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

Is This Answer Correct ?    15 Yes 0 No

if issue the share capital what is entry pass the journal..

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.

Is This Answer Correct ?    15 Yes 1 No

if issue the share capital what is entry pass the journal..

Answer / vivekanand

person a/c Dr
to shar capital a/c

Is This Answer Correct ?    22 Yes 11 No

if issue the share capital what is entry pass the journal..

Answer / kannan

shar capital a/c Dr
to bank a/c

Is This Answer Correct ?    22 Yes 13 No

Post New Answer



More Accounting General Interview Questions

We purchased packing material against H form condition, without Sales Tax, Now against we want issue C form to party with payment of CST 2%, C form issue only Basic amount, or including CST amount?

1 Answers   Wipro,


6, state with reasons wheather the following items are capital expenditure or revenue expenditure i, A factory building was constructed at a cost rs 1500000 a sum of rs 64000 were incurred for the construction of huts for storing building materials ii, rs 5000 paid for removal of stock to a new site iii, expenses incurred in connection with obtaining a license to start the business were rs 15000

1 Answers  


what is the Journal entry for credit card bill paid from same bank account

0 Answers   Construction,


mention five items that is commonly use when preparing trading and loss account

2 Answers  


: can anyone tell me rates of TDS for payment of contract, consultancy, advertizing, statioenry, salary, professional charges, technical fees, & honorarium for the financial year 2010-11

2 Answers   Reliance,






Sales Invoice 50000/- fully profit , management want profit for this year should be appear in P&L A/c and B/S 25000/- only and remaining 25000/- profit retain for the next year  What will be JV for this year and next year?- Thank you

0 Answers   ABC, Wipro,


Which account is responsible for interest payable?

0 Answers  


what is the finalisation of accounts,

1 Answers  


Whta is mean by capital budgeting

1 Answers  


What do you mean by gaap in accounting?

0 Answers  


What are three sectors of Economy?

4 Answers   DMRC,


Increase in one equity with no change in the asset will result in .................... of another equity

1 Answers  






Categories