Krishna seva das (TAX CONSULTANT) (1070 Points)
14 June 2014CAPITAL INTODUCE IN PRIVATE LIMITED COMPANY:
WHAT WILL BE ACCOUNTING ENTRY IN TALLY FOR DIRECTOR INTRODUCE CAPITAL OF 1 LAC IN NEWLY MADE PRIVATE LIMITED COMPANY
JAINENDRA JAIN
(ACS/CA)
(1668 Points)
Replied 14 June 2014
since this is a case of company, capital can only be raised by issue of shares.
therefore director must subscribe to share to show it as capital or else u can show it as loan.
entry for capital:
cash/bank a/c dr
To equity/reference share capital
AJAY KUMAR
(C.A)
(25 Points)
Replied 02 March 2020
RAJ KUMAR
(2 Points)
Replied 11 July 2022
How to book share Capital entry in pvt ltd
A company issue share to b company
CA Puja Sharma
(Chartered Accountant)
(4874 Points)
Replied 11 July 2022
Director A/c Dr.
To Share Capital A/c Cr.
Yasaswi Gomes new
(Finance )
(4474 Points)
Replied 11 July 2022
@ CA Puja Director is a creditor and he only has one account ie., owners equity.
By Cash a/c
To Share Capital.
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