Share Entry

A/c entries 1110 views 6 replies

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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