Hi All,
What is the journal entry regarding capital will be pass on formation pvt. Ltd. company.
Thanks
5 Replies
Joey Tribbiani
(fdg)
(2010 Points)
Replied 25 January 2011
For capital contributed in cash
Bank\cash account will be debited and equity/pref capital credited...
Tehsinkhan Pathan
(CA CMA DISA(ICAI) B.COM)
(3956 Points)
Replied 25 January 2011
cash/bank........................dr
.........asset(if any)............dr
to equity share capital
ankur bansal (CA Final)
(student)
(124 Points)
Replied 18 February 2011
cash r bank a/c Dr.
to equity or preference ( as the case may be)
Rohtash
(CA - Final / CS / B.Com)
(1140 Points)
Replied 26 February 2011
Cash / Bank / Asset (if by exchange of asset) a/c Dr
To Equity / Preference share capital a/c Cr
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