Journal Entry

For capital contributed in cash

Bank\cash account will be debited and equity/pref capital credited...

cash/bank........................dr

.........asset(if any)............dr

                           to equity share capital

agree with tehsinkhan.

cash r bank a/c Dr.

                to equity or preference ( as the case may be)

Cash / Bank / Asset (if by exchange of asset) a/c                    Dr

                  To Equity / Preference share capital a/c                                  Cr