Shares application / allotment/ bonus shares
This query is : Resolved
29 August 2012
Dear Sir,
Pls suggest us how to make entries of shares application / Allotment / holding / bonus shares in accounting
Tnks
Reshma
Pls suggest us how to make entries of shares application / Allotment / holding / bonus shares in accounting
Tnks
Reshma
29 August 2012
1. Bank dr. to share application account (current liability)
2. share application dr to share capital account
3. if u r holding shares then no entry.
4. final entry -
reserve & surplus/pl account dr. to share capital account
2. share application dr to share capital account
3. if u r holding shares then no entry.
4. final entry -
reserve & surplus/pl account dr. to share capital account
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