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What is a accounting entries for entering a invoice

0 Answers   Accenture,


Sanjay Ltd invited applications from the public for the issue of 10,000 equity shares of Rs. 10 each at a premium of 20%, payable Rs. 3 on application; Rs. 5 on allotment including premium and the balance in two calls of an equal amount. Applications for 15,000 equity shares were received. The directors allotted 10,000 shares to all the applicants on pro-rata basis adjusting the excess application money towards allotment. All money due on allotment and calls were received. Give journal entries to record the above transactions in the books of the company. Also show the balance sheet.

2 Answers   Ignou,


is we purchase any software like installation of MS Windows do we need to capitalize it or post it under head repair & maintenance A/c?

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how to treat visa renewal expenses in a company ? is it a prepaid expense?

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Differentiate between consignor and consignee?

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Explain me the difference between public and private accounting?

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What is the difference between General Ledger and Trial Balance?

2 Answers  


how much deduction want while salary paid?

9 Answers   Avon Ruby,


which form is used for central sales tax outside purchase and sales and vat

2 Answers  


Is there any significance between Bank Reconciliation and Account Reconciliation in Accounts?

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what is MIS Report

5 Answers  


The 'going concern concept' is the underlying basis for: 1.stating fixed assets at their historical cost 2.disclosing the market value of securities 3.disclosing the sales and other operating information in the income statement 4.none of the above

1 Answers   Infosys, Satyam, Symbiosis,


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