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What are the opening journal entry used in posting issued shares in a new company?

debit cash / bank /assetscredit share capital account


How can I write a request letter to bank for opening the salary account for employees?

Date : From To Bank Manager, Chennai. Dear Sir, this is to certify that Mr/Ms is working in our concern as for the past years. And His/Her residential address as per our records is as follows: This certificate is issued for the Salary Account Opening (With IOB) purpose only. Yours Sincerly, XXXX, MD/CEO, Company Name Mobile No


Can you cash a check from the bank that the person who issued the check it to you without opening an account?

I am receiving a check from a lawyer and it has been in his account for ten days can I cash it at the bank he has the account at


What type of documentation is generally required when opening a new checking account?

You will need several items to open a checking account in the United States. For a typical bank you will need the following: Driver's License or valid ID, e-mail address, social security number, and proof of permanent address (like a utility bill or rent/mortgage contract).


How can you provide proof of account ownership?

To provide proof of account ownership, you can typically provide a government-issued ID, a utility bill with your name and address, or a signed letter from the account holder.


When does accounts receivable have a credit balance?

If an account has a credit balance the customer must have overpaid on their account or a credit was issued by the company and posted to the customers account, resulting in a credit or negative balance.


What things does a person need to open a checking account?

When opening up a checking account every person who will be on the account needs.. 1) To be present. 2) To have their Social Security Number. 3) To have a Passport or State Issued Driver's License or State Issued Identification card. For children a School I.D. will work just fine.


What address is a Cancer claim sent to?

This depends upon the insurance company that issued the policy. The written policy will contain instructions as to the address to which claims are to be submitted.


How do you get a new debit card?

Ask the company who issued the card! Debit cards are usually issued by a bank - for use with a deposit account.


How do you as an existing housing loan customer check your housing loan account?

That depends on the bank or other company that issued the loan.


Is there any company that will do a loan with a prepaid account?

Yes, however, the prepaid account must generally be issued by the particular lender you choose. AccountNow is known to provide such services for their own cardholders.


Meaning of b r s?

brs means banking reconciliation statement is comparing company bank account and banker account amount is equal . when some time company bank account amout and bank account amount not equal.they are three reasons ; a. cheque issued but not presented in bank b.cheque recived custmoer but not clear