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HELP ME PLZ...what journal entry to be passed ?

This query is : Resolved 

25 May 2011 one of our client started a pvt ltd company having share capital rs.100,000/-. date of incorporation 01/06/2010.

1. before this date he had paid for office furniture rs.100,000/-, laptop rs.50000/-, shop deposit Rs.100000/-.

2. on 01/08/2010 he deposited rs.100000/- from his personal account into company bank account.


what entry should be passed for these transaction.

25 May 2011 Furniture Dr. 100000
Laptop Dr. 50000
Shop Deposit Dr. 100000
Loan Cr. 250000

Bank Ac Dr 100000
Share Capital Cr. 100000

12 June 2011 Furniture Dr. 100000
Laptop Dr. 50000
Shop Deposit Dr. 100000
Loan From S/H Cr. 250000

Bank Ac Dr 100000
Loan From S/H Cr 100000

Assuming on 01/06/2010 share capital entry is already passed






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