debit Unissued Common Stock
credit Authorized Common Stock
there is no journal entry for increase in authorized stock as it is the change made in articles of association of company.
Yes, it requires a journal entry as follows:debit cash / bank / assetscredit share capital
There is no journal entry for unsubscribed capital as this is that portion of capital which is company has offered to shareholders for purchase but nobody has purchased that capital so no transaction incurred and hence no journal entry required.
There is no entry required for authorized capital as it is just the information purpose that a company can issue that much of capital maximum.
the Journal entry for Additional capital brought to business partner Capital A/c Dr. To Partner Capital A/c
capital
Yes, it requires a journal entry as follows:debit cash / bank / assetscredit share capital
debit cash /bankcredit capital account
There is no journal entry for unsubscribed capital as this is that portion of capital which is company has offered to shareholders for purchase but nobody has purchased that capital so no transaction incurred and hence no journal entry required.
There is no entry required for authorized capital as it is just the information purpose that a company can issue that much of capital maximum.
debit cashcredit share capital
the Journal entry for Additional capital brought to business partner Capital A/c Dr. To Partner Capital A/c
capital
Debit capital expenditureCredit cash / bank
Journal entry for opening a bank account
Debit cash / bankCredit paid in capital
debit share capital accountcredit cash / bank
Debit cash / bank / assetsCredit share capital