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How do you make journal entries in share capital transactions?

Anonymous

∙ 10y ago

Updated: 4/28/2022

Debit Cash / bank
Credit share application account

Debit Share Application account
credit share capital account

Wiki User

∙ 10y ago

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What are the journal entries for issuing 45000 shares of common stock in exchange for land and building?

debit land and building 45000credit shares in share capital 45000

100000 shares have par value 5 they are issued for 25 on march1 2005 journal entries?

[Debit] Cash / bank 2500000 Credit Share capital 500000 Credit Share premium 2000000

What is the journal entry of Share issue at par?

Debit cash / bankCredit share capital

How do you journalize entries for the stock issuances?

Debit Cash / bank Credit share capital account

What is the journal entry for Share capital and Paid up Capital?

[Debit] Cash account xxxxx [Credit] Share application account xxxxx Entry 2 [Debit] Share Application account xxxxx [Credit] Share Capital Account xxxxx

Related Questions

What are the journal entries for issuing 45000 shares of common stock in exchange for land and building?

debit land and building 45000credit shares in share capital 45000

100000 shares have par value 5 they are issued for 25 on march1 2005 journal entries?

[Debit] Cash / bank 2500000 Credit Share capital 500000 Credit Share premium 2000000

What is journal entry for share capital paid?

debit share capital accountcredit cash / bank

What is a share in financial accounting and what are the journal entries for the shares?

When applications received Debit Cash account Credit Share applicant account [debit] Share applicant account [Credit] Share application account When share allocated [Debit] Share application account [Credit] share capital account

1000 Shares are reissued rs 10. at 2 percent discount .give journal entries?

Debit cash / bank 9800debit discount allowed 200Credit share capital 10000

Share issue journal entry?

Debit cash / bankCredit share capital

What is the journal entry of Share issue at par?

Debit cash / bankCredit share capital

What is the journal entry for paid up capital?

Debit cash / bank / assetsCredit share capital

How do you pass journal entry for loan received to introduce capital?

Debit cash / bankCredit share capital

How do you journalize entries for the stock issuances?

Debit Cash / bank Credit share capital account

Why are the general journal entries for subscriber shares generally 1 Subscribers debit Share capital credit 2 Bank debit Subscribers credit Why do subscribers have a debit nature?

First entry is: [Debit] bank [Credit] Share application 2nd entry: [Debit] Share application [Credit] subscriber 3rd entry [Debit] subscriber [Credit] Share capital Subscriber is debit to write off the subscriber account.

What is the journal entry for Share capital and Paid up Capital?

[Debit] Cash account xxxxx [Credit] Share application account xxxxx Entry 2 [Debit] Share Application account xxxxx [Credit] Share Capital Account xxxxx

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