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Related Questions
How do you pass journal entry for loan received to introduce capital?
Debit cash / bankCredit share capital
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
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.
When to pass journal entry for salary?
debit salary expensecredit cash
Pass the journal entry for loss by theft?
loss by theft A/c to purchases
How do you pass journal entry for cash in hand?
Debit cash in handCredit bank
How do you pass journal entry for cash sales?
Cash a/c Dr. To Sales a/c
How will you pass journal entry for unexpired interest?
debit unexpired interestcredit interest paid
How do you pass journal entry for discount allowed?
Debit cash / bankCredit discount allowed
How do you rent payment pass the journal entry?
debit rent expensecredit cash / bank
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
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