Share Entry

Amit Surana (Student CA/CS-Professional) (268 Points)

01 July 2011

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.......

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CA ADITYA SHARMA (CA IN PRACTICE ) (16719 Points)
Replied 01 July 2011

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)

kamal kishor sen (STUDENT Rajasthan) (2156 Points)
Replied 01 July 2011

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

CA RADHIKA AGARWAL (CA) (300 Points)
Replied 01 July 2011

correct...

Jaideep (Service) (1368 Points)
Replied 02 July 2011

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