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Journal entry in the case of right issue shares in the case of individual without cost

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(Querist)
27 August 2023 Journal entry in the case of right issue in the case of individual without cost
can i pass journal entry in the books of individuals
Purchase of shares A/c Dr .01 Paise
to Capital A/c 01 Paise.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
27 August 2023 No journal entry required.
Increase the number of shares already held against the investment.

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