Incorporation accounting entries

Dear rahul jain 

                          in such case first the company will issue the share of 1.5 lakh for the both director in the ratio of expenses done by the each director if the company have issue the 1 lakh capital than company can charge the security primium and may be written of these 1.5lakh expenses and the journal entry will 

1. issue of share capital with the premium

2. allot the share to director 

3. incorporate the preliminary expnses

4. sef off these expenses with security premium 

i hope you got a clear picture about the whole senerio