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What is the journal entry for unsubscribe capital stock?

Anonymous

∙ 11y ago

Updated: 9/22/2023

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.

Wiki User

∙ 11y ago

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What is the journal entry for capital stock?

Debit Cash / bank / goods Credit Capital account

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

Related Questions

What is the journal entry for capital stock?

Debit Cash / bank / goods Credit Capital account

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

How do you record a common stock journal entry in exchange for non cash?

[Debit] Asset / goods in kind [Credit] Share Capital

Journal entry for Issuing Par Value Common Stock to another company?

[Debit] Cash / bank [Credit] share capital

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