Share capital

Accounting Entries 416 views 2 replies

Hello Guys,

I want to pass the entry for the company share capital. Can anyone please advise how should pass the entry for the below details :

1.  Apricot Mediacontent Services Pvt. Ltd
     9999 Equity Shares of Rs.10/-each.

2.  Gaurav Girdhar Motwane  1 Equity Share.
     of Rs. 10/each.

Thanks for all your Co-operation and assistance.

Replies (2)

Debit bank a/c and credit  equity share capital a/c with actual amount received. You have to mention the party name in the narration briefly.

WHEN APPLICATION RECEIVED

BANK A/C                      DR.

TO EQUITY SHARE APPLICATION A/C

AT THE TIME OF ALLOTMENT 

EQUTY SHARE APPLICATION A/C              DR.

TO EQUITY SHARE CAPITAL A/C


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