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Commercial Bank and Checking Accounts

Journal entry for the issue of share?


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Answered 2008-12-08 14:36:18

what entrys return for call in arrers what entrys return for call in arrers

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Answered 2014-12-21 13:39:01

debit cash / bank
credit share capital account

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Share issue journal entry?

Debit cash / bankCredit share capital


What is the journal entry of Share issue at par?

Debit cash / bankCredit share capital


What is the journal entry of issue of shares?

Debit Cash / bankCredit Shares in share capital of business


How do you prepare the journal entry to issue 100000 in bonds which sold for 98000?

debit cash / bank 98000credit share capital 98000


What is the journal entry for share premium?

debit cashcredit share capitalcredit share premium


What is the journal entry for dividend issue?

[Debit] Dividend [Credit] Cash


Will an increase in common stock require a journal entry?

Yes, it requires a journal entry as follows:debit cash / bank / assetscredit share capital


What is journal entry for share capital paid?

debit share capital accountcredit cash / bank


What are the two methods of accounting for share capital?

Journal Entry method and Memorandum method


What are the types of journal entry?

1 - General journal entry2 - Adjusting journal entry3 - Month end adjusting entry


What is the journal entry on resale of treasury stock?

[debit] cash / bankcredit share capital


What is a compound journal entry?

Compound journal entry is that entry which records more than one business transaction in one single journal entry.


What is the journal entry for Share capital and Paid up Capital?

[Debit] Cash account xxxxx [Credit] Share application account xxxxx Entry 2 [Debit] Share Application account xxxxx [Credit] Share Capital Account xxxxx


How do you do journal entry for Forecasting Sales?

There is no journal entry for forecasting sales rather journal entry is made for actual sales when they occur.


What is the journal entry for paid up capital?

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The journal entry to issue 1000000 shares of 5 dollars par common stock for 7dollars per share on January 2nd would be?

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What is the journal entry for selling 100000 shares of common stock at 14 a share?

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What is a journal entry adjustment?

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What would be the journal entry for purchased 5000 shares of its own stock for 10 per share?

General entry in company books as follows: [Debit] Cash/Bank 50000 [Credit] Share capital 50000


What is the journal entry to book a machine purchased with shares?

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What is the journal entry for a sale of a 100000 stock?

Debit cash / bank 100000Credit share capital 100000


How do you pass journal entry for loan received to introduce capital?

Debit cash / bankCredit share capital


What is the structure of a journal entry?

Recording of a transaction in an accounting journal, such as the General Journal. The journal entry has equal debit and credit amounts, and it usually includes a one-sentence explanation of the purpose of the transaction is called journal entry.


Why you post journal entry?

Journal entry is the basic transaction to record the business transaction and without journal entry no record can be maintained.


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Journal entry is required to record business transaction in books of accounts and without journal entry no business transaction can be recorded in books.


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