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What else can I help you with?
What is the opening journal entry for paid up capital?
capital
What does P REF in accounting journal entry mean?
Look it up on the computer
Is there a space between journal entries?
a properly formatted journal entry should have a space (can be one) between the end of one day and the beginning of the other. Beyond that it is up to you how you space your running entry.
What is the journal entry to set up an accrued expense?
Debit accrued expensesCredit expenses payable
What is the journal entry for paid up capital?
Debit cash / bank / assetsCredit share capital
What is the journal entry to increase paid up capital?
debit cash /bankcredit capital account
What is the journal entry to decrease paid-up capital?
[Debit[ Treasury stock [Credit] Cash / bank / Goods
What is the journal entry for cash start up?
Cash 2000 Capital 2000 Owner contributes 2000 to Capitalize the Business
To automatically post recurring monthly entries what type of general ledger entry should be created?
To automatically post recurring monthly entries, a "recurring journal entry" should be created in the general ledger. This type of entry allows for consistent and automated postings of the same amount to designated accounts at specified intervals, such as monthly. Typically, this includes entries for items like rent, subscriptions, or salaries. Setting up these entries helps streamline accounting processes and ensures accurate financial reporting.
Can a journal entry have 2 paragraphs?
Yes, it is common for journal entries to have multiple paragraphs to separate different thoughts, events, or reflections. Breaking up the entry into paragraphs can help organize the content and make it easier to read and understand.
What is the journal entry to increase paid-up capital?
debit cashcredit share capital
What is the journal entry to record initial called-up equity share capital?
Called up share capital a/c Dr. To share Forfiture A/c To Unpaid Call Amount A/c
