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[Debit] Cash / bank
[Credit] Share capital
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∙ 9y ago
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How do you pass journal entry for loan received to introduce capital?
Debit cash / bankCredit share capital
How you pass journal entry openig capital in pvt ltd?
[Debit] Cash / bank xxxx [Credit] Capital account xxxx
Where to record cash purchase returns?
"Purchase returns" is the entry made in the journal that refers to "Unsatisfactory or defective merchandise/goods which is returned back to the supplier".it will increase total assets(cash) and increase total owner's equity(capital) .This is not an important question.....ask question like how did rap music come about...and what important information are the artist trying to pass out....i can't seem to understand.
How do you pass journal entry for capital?
Cash a/c Dr to capital a/c Cr or to 'x' capital a/c Cr [ Being capital brought in by X for business]
How you pass journal entry of started business?
When business is started with cash: cash a/c dr. To capital a/c
What is the entry of bonus share shares 100000 1 bonus shares for every 5 shares?
No need to pass any Entry Because u need not to pay any amount in respect of such Shares,Just increase the no. of Shares. Ok SONU BHOJWANI No need to pass any Entry Because u need not to pay any amount in respect of such Shares,Just increase the no. of Shares. Ok SONU BHOJWANI
Will pass general entry for proposed dividend?
yes we will pass entry for proposed dividend P&L Appropriation A/c Dr. To Proposed Dividend
Can water pass threw impermeable materials?
No it has no way to pass threw or no entry to pass water etc.
Issued 300 shares of common stock to the promoter for assistance with issuance of common stock the promotional fee was 1800 pass the journal entry?
debit cashdebit promotional feecredit share capital
Company issued 250000 equity shares of rs 10 each to public all amounts have been received in lumpsum pass journal entry?
x ltd ---- dr 250000 to share capital 250000
How can you pass entry for cash payment?
cash dr. to party.
Why do you pass an journal entry?
For the recording of journal entry, it is mandatory to be business transaction occurred already otherwise no journal entry can be made prior to occurrence of business transaction.
