capital
Debit cash / bankCredit paid in capital
There is no journal entry for bill received rather journal entry is made when bill is actually paid or when utility is actually utilized.
[Debit] Cash account xxxxx [Credit] Share application account xxxxx Entry 2 [Debit] Share Application account xxxxx [Credit] Share Capital Account xxxxx
There is no journal entry for loan repayment schedule rather journal entry is made when actual payment is done or installment is paid.
Accrual journal entry means that entry the transaction of which is occurred already but payment is not yet received or paid to other party.
Debit cash / bankCredit paid in capital
debit share capital accountcredit cash / bank
Debit cash / bank / assetsCredit share capital
debit cash /bankcredit capital account
debit cashcredit share capital
[Debit[ Treasury stock [Credit] Cash / bank / Goods
There is no journal entry for bill received rather journal entry is made when bill is actually paid or when utility is actually utilized.
[Debit] Tax paid [Credit] Cash / bank
[Debit] Cash account xxxxx [Credit] Share application account xxxxx Entry 2 [Debit] Share Application account xxxxx [Credit] Share Capital Account xxxxx
There is no journal entry for loan repayment schedule rather journal entry is made when actual payment is done or installment is paid.
Accrual journal entry means that entry the transaction of which is occurred already but payment is not yet received or paid to other party.
Cash Common Stock Paid in Capital