Debit cash / bank / assets
Credit share capital
capital
debit cash /bankcredit capital account
debit cashcredit share capital
[Debit[ Treasury stock [Credit] Cash / bank / Goods
[Debit] Cash account xxxxx [Credit] Share application account xxxxx Entry 2 [Debit] Share Application account xxxxx [Credit] Share Capital Account xxxxx
debit bankcredit capital
Cash 2000 Capital 2000 Owner contributes 2000 to Capitalize the Business
Called up share capital a/c Dr. To share Forfiture A/c To Unpaid Call Amount A/c
no.
Paid-up capital means the total amount which is actually paid to the company.
The actual term is 'paid in' capital It is the capital paid in by shareholders to the co above and beyond shared capital.
The actual term is 'paid in' capital It is the capital paid in by shareholders to the co above and beyond shared capital.