0

Subjects>Business>Accounting

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

Anonymous

∙ 11y ago

Updated: 9/20/2023

[Debit] Cash account xxxxx

[Credit] Share application account xxxxx

Entry 2

[Debit] Share Application account xxxxx

[Credit] Share Capital Account xxxxx

Wiki User

∙ 11y ago

What else can I help you with?

Continue Learning about Accounting

What is the journal entry of Share issue at par?

Debit cash / bankCredit share capital

What is the journal entry for unsubscribe capital stock?

There is no journal entry for unsubscribed capital as this is that portion of capital which is company has offered to shareholders for purchase but nobody has purchased that capital so no transaction incurred and hence no journal entry required.

What is the journal entry on resale of treasury stock?

[debit] cash / bankcredit share capital

What are the two methods of accounting for share capital?

Journal Entry method and Memorandum method

Will an increase in common stock require a journal entry?

Yes, it requires a journal entry as follows:debit cash / bank / assetscredit share capital

Related Questions

What is journal entry for share capital paid?

debit share capital accountcredit cash / bank

What is the journal entry for paid up capital?

Debit cash / bank / assetsCredit share capital

Share issue journal entry?

Debit cash / bankCredit share capital

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

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 unsubscribe capital stock?

There is no journal entry for unsubscribed capital as this is that portion of capital which is company has offered to shareholders for purchase but nobody has purchased that capital so no transaction incurred and hence no journal entry required.

What is the journal entry on resale of treasury stock?

[debit] cash / bankcredit share capital

What are the two methods of accounting for share capital?

Journal Entry method and Memorandum method

Will an increase in common stock require a journal entry?

Yes, it requires a journal entry as follows:debit cash / bank / assetscredit share capital

What is the journal entry to increase paid-up capital?

debit cashcredit share capital

What is the journal entry for additional capital bought to business by partner?

the Journal entry for Additional capital brought to business partner Capital A/c Dr. To Partner Capital A/c

What is the opening journal entry for paid up capital?

capital

Trending Questions

How much time needs to pass before an account becomes delinquent? What is a funny speech for treasurer? What are the terms depreciable value salvage value and estimated life mean? When purchase of supplies for cash would affect which account category? When Lisa lost her job she had an account balance of 25000 in her 401(k). She also had an outstanding plan loan of 9000 secured by that balance. She made no after-tax contributions. If Lisa is unable? What is the proper way to enter transactions into a general journal? Do you have to claim short term disability on your tax return? Where is the information needed to determine whether a company is using accounting methods similar to those of its competitors? Benefits and cost of holding Inventories? How banks uses MICR scannersfor cheqeue processing? When do you have to pay off an American Express card? What is owners equity decreased by? What is the definition of debit? How do you make a journal entry for borrowed money from a bank? Is purchases comes under nominal account or Real Account? Net income appears on what statements? What did the cashier say when he was caught stealing? How do you know the order your forms should be in when submitting your tax forms? Will a bookkeeper get in trouble if the business is deliberatly not paying their taxes and the bookkeeper knows about it? What is the difference between a cash transaction and a non cash transaction?

Resources

Top Categories

Product

Company

Copyright ©2025 Answers.com. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.