Internal reconstruction
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 September 2016
The bank agree to the arrangement and to increase the cash credit overdraft limit by ₹100000 upon the shareholders agreeing to bring in a like amount by new equity.
What will be the journal entry ?????
What will be the journal entry ?????
20 September 2016
subject to the limit of Authorised Capital, the same can be brought in as share capital. No problem
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