[Debit] Investment in Govt. Securities
[Credit] Cash / bank
[Debit] Interest receivable on marketable securities [Credit] interest earning on marketable securities
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.
There is no entry for receiving invoice from suppliers rather entry is made when goods purchased from suppliers.
debit goatCredit cash
[Debit] Gift purchased [Credit] Cash / bank
[Debit] Interest receivable on marketable securities [Credit] interest earning on marketable securities
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.
There is no entry for receiving invoice from suppliers rather entry is made when goods purchased from suppliers.
debit goatCredit cash
Debit supplies accountCredit bank account
[Debit] Gift purchased [Credit] Cash / bank
[Debit] Goods Purchased xxxx [Credit] Cash / bank / accounts payable xxxx
debit equipmentcredit accounts payable
debit Assetscredit liabilitiescredit cash (if any)
postage stemps a/c .................... drTo cash a/c
debit computer accountcredit cash / bank
[Debit] Vehicle Purchased [Credit] Cash / bank