Capital entry for pvt ltd co.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 September 2012
what is the capital entry for pvt ltd co.
CA. Subhash Dangi
(Expert)
25 September 2012
On receipt of application money:
Bank / Cash A/c Dr - xxxx
To Share application Money/
Name of Investor - xxxx
On allotment of shares:
Share Application Money/
Name of Investor Dr. - xxxx
To Equity/Preference
Share Capital - xxxx
Bank / Cash A/c Dr - xxxx
To Share application Money/
Name of Investor - xxxx
On allotment of shares:
Share Application Money/
Name of Investor Dr. - xxxx
To Equity/Preference
Share Capital - xxxx
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