Answer Posted / 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.

DIFFERNCE BETWEEN RESERVE AND FUND?

6132

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saji become insolvant -what is journal entry

1851

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sir, I wanted to know what is the difference between cash and cheque payment in terms of tax.

3653

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What is a ledger in regards to accounting?

1221

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how to pass this entry in tally? Dear Sir, I have just started learning tally . I am practicing tally. and I am following 11th Std book for practicing. Please help me with the following entry. I know dr and cr part but having problem in grouping. Please Help. Introduced goods of Rs 10,000, cash Rs 15,000, furniture Rs 5000, debtors of Rs 1000 and commenced business. What will be the entry and group for each ledger. Please Help.

1646

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Is it possible contra entry in SAP FICO

2447

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Explain me bills receivable?

1134

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

2350

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How Advances to suppliers for purchase of raw materials is to be considered while calculating Drawing Power

1772

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What are mis reports and do you prepare it?

1130

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WHICH QUESTIONS ASKED IN EPFO IN 2009.

1960

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what is t code of gr/ir report?

2804

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What is the difference between inactive accounts and dormant account?

1339

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Is there Disqualification of Auditor u/s 139 of Companies Act 2013 if the auditor is indebted towards the company to be appointed as an auditor, if amount exceeds more than Rs.1000 as against the provision related to Companies Act, 1956 ?

1740

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Tell us do you have any professional experience of this field?

1080

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