i dont know. How DO you make a entry for a capital.
There is no journal entry for unsubscribed capital as this is that portion of capital which is company has offered to shareholders for purchase but nobody has purchased that capital so no transaction incurred and hence no journal entry required.
A Capital is a credit entry. It is usually recorded as an owner's equity. ;3
the Journal entry for Additional capital brought to business partner Capital A/c Dr. To Partner Capital A/c
capital
Cash A/c....................DR To Capital A/c
Debit capital expenditureCredit cash / bank
Debit cash / bankCredit paid in capital
[Debit] Interest on capital account xxxx [credit] Capital account xxxx
cash a/c---dr to capital a/c
To close an owner's withdrawal account, you would typically make a journal entry that debits the owner's capital account and credits the owner's withdrawal account. This reflects the transfer of the withdrawn amount back into the owner's capital, effectively zeroing out the withdrawal account. For example, if the owner's withdrawal account has a balance of $5,000, the entry would be: Debit Owner's Capital $5,000 and Credit Owner's Withdrawals $5,000.
debit share capital accountcredit cash / bank
Debit Cash / bank / goods Credit Capital account