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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 would be the entry on authorized capital stock?
To increase a company's authorized capital, several forms and steps are typically required, varying based on jurisdiction. Here’s an overview of the general process: Board Resolution: The board of directors must pass a resolution approving the increase in authorized capital. This is the first step before filing any formal paperwork. Shareholder Approval: A shareholder meeting is often required, where shareholders approve the resolution to increase the capital. A special resolution may be passed. Filing with the Registrar: A company must file the relevant forms with the country’s corporate registry (e.g., Companies House in the UK, SEC in the US). These forms usually include: Form A (or equivalent): Detailing the increase in capital. Special Resolution: Certified copy of the shareholder resolution. Amended Articles of Association: Reflecting the new authorized capital. Payment of Fees: Filing fees may be due, depending on the increase in capital.
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
How do you pass cheque bounce entry in tally?
To pass a cheque bounce entry in Tally, first, go to the "Accounting Vouchers" screen. Select the "Debit Note" option to record the bounced cheque, and choose the bank account from which the cheque was issued. Enter the amount of the bounced cheque and select the corresponding customer or vendor ledger. Finally, provide a narration for clarity and save the entry to complete the process.
Will pass general entry for proposed dividend?
yes we will pass entry for proposed dividend P&L Appropriation A/c Dr. To Proposed Dividend
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
Is the pass wa good to go for the event?
Yes, the pass is valid for entry to the event.
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
