Capital entry for pvt ltd co.

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Querist : Anonymous

Querist : Anonymous (Querist)

25 September 2012 what is the capital entry for pvt ltd co.

CA. Subhash Dangi

CA. Subhash Dangi (Expert)
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25 September 2012 On receipt of application money:

Bank / Cash A/c Dr - xxxx
To Share application Money/
Name of Investor - xxxx

On allotment of shares:

Share Application Money/
Name of Investor Dr. - xxxx
To Equity/Preference
Share Capital - xxxx

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