if issue the share capital what is entry pass the journal

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if issue the share capital what is entry pass the journal..

Answer / amit samaddar

CASH/BANK A/C Dr.
TO SHARE CAPITAL A/C

Is This Answer Correct ?    28 Yes 5 No

if issue the share capital what is entry pass the journal..

Answer / srikanth

cash / Bank A/c Dr
To Share Capital A/c
(Being share capital Received)

Is This Answer Correct ?    15 Yes 0 No

if issue the share capital what is entry pass the journal..

Answer / h.r. sreepada bhagi

When money is received towards Share Application :

Bank A/c Dr.
To Share Application Money A/c.

When Shares are allotted :

Share Application Money A/c Dr.
To Share Capital.

When Shares issued for subscription from the prospective
shareholders, no entry need to be passed in the books.
Entries will start only money starts coming towards issued
shares.

Is This Answer Correct ?    15 Yes 1 No

if issue the share capital what is entry pass the journal..

Answer / vivekanand

person a/c Dr
to shar capital a/c

Is This Answer Correct ?    22 Yes 11 No

if issue the share capital what is entry pass the journal..

Answer / kannan

shar capital a/c Dr
to bank a/c

Is This Answer Correct ?    22 Yes 13 No

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