Financial accounts
This query is : Resolved
19 January 2017
What the Journal Entry made by a individual in respect of Having Share in others Companies.
Example : Mr X having Share in XYZ Pvt. Ltd. of 35250 Equity Share @ 10 Each.
So what the journal entry made in the books of Mr. X
Example : Mr X having Share in XYZ Pvt. Ltd. of 35250 Equity Share @ 10 Each.
So what the journal entry made in the books of Mr. X
19 January 2017
Dr. Equity investments - xyz pvt ltd-----------35,250
Cr. Cash/Bank-------------------------------------35,250
Cr. Cash/Bank-------------------------------------35,250
19 January 2017
thanks..
but it is not consider at Mr. X Personal Ledger with Company
Example: If Mr X Apart from above Investment , Given some money
as a loan to company so its not affected to its sharing with company?
but it is not consider at Mr. X Personal Ledger with Company
Example: If Mr X Apart from above Investment , Given some money
as a loan to company so its not affected to its sharing with company?
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