debit machine account
credit share capital account
Debit shares in company Credit cash /bank
Debit Cash / bank Credit Shares in share capital of business
Debit Treasury Stock account50000 Credit Cash / bank account 50000
General entry in company books as follows: [Debit] Cash/Bank 50000 [Credit] Share capital 50000
Debit treasury stock Credit cash / bank
You would make the journal entry the same way you would make it if they were not free shares. You would use the estimated or known value of the free shares to make the entry.
debit purchases 54780 credit accounts payable 54780
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 for receiving invoice from suppliers rather entry is made when goods purchased from suppliers.
Debit soaps purchased Credit cash / bank
[Debit] Furniture [Credit] Cash / bank
[Debit] Goods Purchased xxxx [Credit] Cash / bank / accounts payable xxxx
debit goat Credit cash
[Debit] Gift purchased [Credit] Cash / bank
debit patent 92000 credit shares in share capital 92000