debit cash / bank /assets
credit share capital account
yoyyyy b67 n utu
debit accounts payablecredit bank
[Debit] Investment in Melissa Company 1480000 [Credit]Cash/Bank 1480000
Debit supplies expensesCredit supplies inventory
x ltd ---- dr 250000 to share capital 250000
yoyyyy b67 n utu
debit accounts payablecredit bank
[Debit] Investment in Melissa Company 1480000 [Credit]Cash/Bank 1480000
Debit supplies expensesCredit supplies inventory
x ltd ---- dr 250000 to share capital 250000
cash book
debit accounts payablecredit bank
This is done, usually, only by the company that issued the shares.
These early cards were issued by the private company itself based on the credit policy of that company.
debit redemption of debentures accountcredit cash / bank
debit accounts payablecredit notes payable
recently which industry/company had issued its debentures