Journal entry for money applied for IPO but alloted shares
This query is : Resolved
17 February 2025
Money applied for IPO but shares not allloted How to Make Journal entry in the books of accounts.
Money apply by bank Rs. 50 Lakhs. but shares not alloted
Money apply by bank Rs. 50 Lakhs. but shares not alloted
18 February 2025
as far as I know, there should only be lien marked in the bank account instead of actual debit and credit. So, unless there is actual debit and credit in the bank statement, no need to make any accounting entry.
alternatively, you may pass these entries as mentioned here - https://www.caclubindia.com/experts/entry-for-ipo-subscription-2226929.asp
alternatively, you may pass these entries as mentioned here - https://www.caclubindia.com/experts/entry-for-ipo-subscription-2226929.asp
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Rental income to a Propreitor
- Appointment of auditor for a charitable trust
- LIC input tax of partner
- Rcm pay on Rent
- GST ON RENOVATION/FABRICATION WORK AT GODOWN
- LTCG exemption - sale of property
- GST on Transport of Exempted Goods
- Gratuity fund withdrawal from LIC
- QRMP payments
- GST CLARIFICATION REGARDING
- Gst order u/s73
- INOPERATIVE PAN TDS DEDUCTED
- RCM on Commercial Godown
- Micro small medium enterprise
- INCREASE OF PAID UP CAPITAL
- Registered Required in GST Act
- NIC code for Shares and stocks trading / investment training business
- GST RCM on Freight Charges for Exempted Goods
- Taxation and Reporting - Redevelopment of building
- Uploading of J1 and Issuing Ledger confirmation
Trending Online Classes
CAclubindia
