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How do you prepare a journal entry for purches of shares?
Debit shares in companyCredit cash /bank
The journal entry to issue 1000000 shares of 5 dollars par common stock for 7dollars per share on January 2nd would be?
debit cash 70000000credit shares in share capital 5000000credit premium on shares capital 2000000
What is the journal entry for dividend issue?
[Debit] Dividend [Credit] Cash
What is the journal entry for shares of common stock issued for an amount worth of services rendered in organizing and chartering?
debit shares in companycredit services revenue
What journal entry should be passed when compay purchase shares?
[debit] treasury stock [credit] cash / bank
How do you prepare a journal entry for purches of shares?
Debit shares in companyCredit cash /bank
How would you make a journal entry for a repurchased shares in a journal?
Debit treasury stockCredit cash / bank
The journal entry to issue 1000000 shares of 5 dollars par common stock for 7dollars per share on January 2nd would be?
debit cash 70000000credit shares in share capital 5000000credit premium on shares capital 2000000
What are the accounting entries for free shares?
You would make the journal entry the same way you would make it if they were not free shares. You would use the estimated or known value of the free shares to make the entry.
What is the journal entry for dividend issue?
[Debit] Dividend [Credit] Cash
What is the journal entry for amc?
To provide an accurate journal entry for AMC, it would depend on the specific transaction being recorded (e.g., a purchase of shares, sale of shares, or recognition of revenue). For example, if AMC issued shares and received cash, the journal entry would be: Debit Cash (for the amount received) Credit Common Stock (for the par value of the shares) Credit Additional Paid-In Capital (for the amount above par value). Please specify the transaction type for a more tailored response.
Share issue journal entry?
Debit cash / bankCredit share capital
What is the journal entry to book a machine purchased with shares?
debit machine accountcredit share capital account
What is the journal entry for shares of common stock issued for an amount worth of services rendered in organizing and chartering?
debit shares in companycredit services revenue
What is the journal entry for exchanged 5000 shares of common stock for a patent value at 92000?
debit patent 92000credit shares in share capital 92000
What journal entry should be passed when compay purchase shares?
[debit] treasury stock [credit] cash / bank
What is the journal entry for par value issued to shareholders?
debit cash / bankcredit shares in share capital account
