Journal entry for money applied for IPO but alloted shares
This query is : Resolved
17 February 2025
Money applied for IPO but shares not allloted How to Make Journal entry in the books of accounts.
Money apply by bank Rs. 50 Lakhs. but shares not alloted
Money apply by bank Rs. 50 Lakhs. but shares not alloted
18 February 2025
as far as I know, there should only be lien marked in the bank account instead of actual debit and credit. So, unless there is actual debit and credit in the bank statement, no need to make any accounting entry.
alternatively, you may pass these entries as mentioned here - https://www.caclubindia.com/experts/entry-for-ipo-subscription-2226929.asp
alternatively, you may pass these entries as mentioned here - https://www.caclubindia.com/experts/entry-for-ipo-subscription-2226929.asp
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Eway bill for machinery reparing
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Building and other construction workers welfare cess act 1996
- Gift of mutual fund units to daughter
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Annual return of gst limit
- Reporting of STCG on Property in ITR
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
