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

Anonymous

∙ 10y ago

Updated: 9/15/2023

debit cash / bank /assets
credit share capital account

Wiki User

∙ 10y ago

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How to write Address proof letter issued by company in account opening?

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What is the journal entry for issued cheques?

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Ceiling Company purchased 1430000 6 percent bonds issued by Melissa Company on January 1 The purchase price of the bonds was 1480000 How to record journal entry for purchasing bonds?

[Debit] Investment in Melissa Company 1480000 [Credit]Cash/Bank 1480000

What will be the journal entry for supplies issued?

Debit supplies expensesCredit supplies inventory

Company issued 250000 equity shares of rs 10 each to public all amounts have been received in lumpsum pass journal entry?

x ltd ---- dr 250000 to share capital 250000

Related Questions

How to write Address proof letter issued by company in account opening?

yoyyyy b67 n utu

What is the journal entry for issued cheques?

debit accounts payablecredit bank

Ceiling Company purchased 1430000 6 percent bonds issued by Melissa Company on January 1 The purchase price of the bonds was 1480000 How to record journal entry for purchasing bonds?

[Debit] Investment in Melissa Company 1480000 [Credit]Cash/Bank 1480000

What will be the journal entry for supplies issued?

Debit supplies expensesCredit supplies inventory

Company issued 250000 equity shares of rs 10 each to public all amounts have been received in lumpsum pass journal entry?

x ltd ---- dr 250000 to share capital 250000

What is the journal entry to made a down payment of cash and issued note payable?

cash book

What is the journal entry when post dated cheque issued to supplier?

debit accounts payablecredit bank

Can issued shares be split?

This is done, usually, only by the company that issued the shares.

Who issued the first credit cards in the US?

These early cards were issued by the private company itself based on the credit policy of that company.

What is the journal entry for redemption of debentures which were issued at discount?

debit redemption of debentures accountcredit cash / bank

What is the journal entry for issued a note payable?

debit accounts payablecredit notes payable

Which Indian companies have recently issued debentures?

recently which industry/company had issued its debentures

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