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My question is, If we r issuing shares at discount and the totale amount of share has been called at the time of appliction the what entry has to be passed.......
plz help me, I have a doubt on this....
Replies (6)
BANK AC----------------------------DR
TOSHARE APPLICATION
(BEING SHARE APPLICATION RECEIVED)
SHARE APPLICATION AC - - - -- - -- - - --DR.
DISCOUNT ON ISSUE OF SHARES AC.------DR.
TO SHARE CAPITAL AC.
(BEING SHARES ALLOTED AT DISCOUNT)
| Originally posted by : future ca | ||
 |
BANK AC----------------------------DR TOSHARE APPLICATION (BEING SHARE APPLICATION RECEIVED) SHARE APPLICATION AC - - - -- - -- - - --DR. DISCOUNT ON ISSUE OF SHARES AC.------DR. TO SHARE CAPITAL AC. (BEING SHARES ALLOTED AT DISCOUNT) |
 |
Agreed
correct...
| Originally posted by : kamal kishor sen | ||
|
|
Originally posted by : future ca BANK AC----------------------------DR TOSHARE APPLICATION (BEING SHARE APPLICATION RECEIVED) SHARE APPLICATION AC - - - -- - -- - - --DR. DISCOUNT ON ISSUE OF SHARES AC.------DR. TO SHARE CAPITAL AC. (BEING SHARES ALLOTED AT DISCOUNT) Agreed |
|
BANK AC----------------------------DR
TOSHARE APPLICATION
(BEING SHARE APPLICATION RECEIVED)
SHARE APPLICATION AC - - - -- - -- - - --DR.
DISCOUNT ON ISSUE OF SHARES AC.------DR.
TO SHARE CAPITAL AC.
(BEING SHARES ALLOTED AT DISCOUNT)
Agreed ......by above replies......:)
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