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bank A/C Dr To Share Applications A/C (APPLICATION MONEY FOR_____ SHARES@Rs _____per share received share application a/c Dr TO SHARE CAPITAL A/C (APPLICATIONS MONEY ON _____ SHARES AT Rs ____ PER SHARE ALLOTED AS PER DIRECTORS RESOLUTION NO____DATED____TRANSFERED TO SHARE CAPITAL
What else can I help you with?
Share issue journal entry?
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 of issue of shares?
Debit Cash / bankCredit Shares in share capital of business
How do you prepare the journal entry to issue 100000 in bonds which sold for 98000?
debit cash / bank 98000credit share capital 98000
What is the journal entry for share premium?
debit cashcredit share capitalcredit share premium
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 journal entry for share capital paid?
debit share capital accountcredit cash / bank
What is the journal entry for dividend issue?
[Debit] Dividend [Credit] Cash
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
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 paid up capital?
Debit cash / bank / assetsCredit share capital
