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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 in the increase of authorized capital stock?
debit Unissued Common Stock credit Authorized Common Stock
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 on resale of treasury stock?
[debit] cash / bankcredit share capital
What is the journal entry of the opening stock?
opening stock is the stock at the end of previous year which is being carried forward to next year. so it is treated as opening balance (asset) n the following journal entry will b passed opening stock Dr. to liabilities *if liabilities are not there then capital is to be credited
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 in the increase of authorized capital stock?
debit Unissued Common Stock credit Authorized Common Stock
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 on resale of treasury stock?
[debit] cash / bankcredit share capital
What is the journal entry of the opening stock?
opening stock is the stock at the end of previous year which is being carried forward to next year. so it is treated as opening balance (asset) n the following journal entry will b passed opening stock Dr. to liabilities *if liabilities are not there then capital is to be credited
What is the journal entry for a sale of a 100000 stock?
Debit cash / bank 100000Credit share capital 100000
Does a stock split require a journal entry?
Stock split require no journal entry rather memorandum entry is required about transaction.
What is the journal entry to decrease paid-up capital?
[Debit[ Treasury stock [Credit] Cash / bank / Goods
What is the journal entry for trading stock given as part of wages?
debit wages expensecredit shares in share capital
What is the journal entry for selling 3000 shares of 1 par common stock at 49 per share?
Cash Common Stock Paid in 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
How do you record a common stock journal entry in exchange for non cash?
[Debit] Asset / goods in kind [Credit] Share Capital
