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EASYOFFICE
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journal entry for share capital

This query is : Resolved 

11 May 2011 sir,
ours is private ltd. co. & in moa share capital is rs. 1 lac. its regd. on 11/9/2010. & 2 directors are there & cash brought in by them is there
what entry should i pass
urgent

11 May 2011 Cash Account Dr. Rs. xxxx
To Equity Share Capital Account Rs. xxxx

12 May 2011 but sir cash brought in by directors are in part i.e. 20000, 35000 & so on & upto one director total bought in fund is upto 15lac & other one upto 172000/- so upto what amout should i show capital & they have told me that 50000/- will be share amount & 450000/- premium amount so how to show it & where share application account will come under head share capital or




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