shares convert into share capital what is the journal entry? how many ledgers need to create?

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please advice example of any single journal entry which include all 3 accounts i.e personal, real & Nominal a/c.

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HI FRIENDS CAN ANY BODY PASS THIS JOURNAL ENTRY: LOSS OF STOCK PLS PASS THIS JOURNAL ENTRY FRIENDS?

5 Answers  

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What do you debit and credit if discount allowed is underrated?

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Particulars Dr Cr Capital 10,000 Machinery 3000 debit 2500 1400 sales - 14,500 drawings 900 purchase 9500 wages 5000 bank 1500 Opening balance 2000 rent 450 salary 200 carriage 150 total ___________ _________ 25,900 25,900 ____________ ________ how to find closing stock as on 31st dec,1998. wages outstanding 200/- sunnery expenses outstanding 100/- rent prepaid 100/-

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As a Manufacturer we are paying service Tax on Inwards freight and the same amount we are taking as a credit against payment of Excise duty. So,Pls clarify how to pass JV

1 Answers  

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What qualifications have you achieved?

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What is step by step procedure to file e-tds quarterly teturn ?

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u paid cash to supplier in advance for purchasing goods in future? so what will be the entry in tally?

5 Answers  

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share premium

3 Answers   Capital IQ, Fidelity,

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why we prepare our accounts of book and why do audit our accounts of book

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if salary paid per month rs. 28000/- i will deduct tds from his salary please what i will do explain

1 Answers   Apollo,

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