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Entry to be passed

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 April 2010 Dear Sir,

we form a new company.
Pls. tell entry which passed in tally .

1. At the time new company form, director give some working capital which in form of cash which put into company's table.
Rs. 18,000 in cash - Pls. tell entry passed in books?

2. At the time new company form, director
open current a/c in bank and depoist in to a/c.
Rs. 30,000 in bank - Pls. tell entry passed in books?

3. Share capital - Rs. 1,00,000 in form of Cash or cheque.
Pls. tell entry passed in books?


Pleas reply on bhavin.cma@gmail.com

Thanks

13 April 2010 If the company issues shares to the director, then
BANK A/c Dr 30000
Cash A/c Dr 18000
To Share Capt 48000

otherwise, credit Loan A/c instead of share capt



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