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A company issued 15000 equity shares of rs 100 each to the public. All amounts have been received in lump-sum. Pass the necessary journal entries in the books of the company.

Posted by Madan Sharma 1 year, 8 months ago

MP Board > Class 12 > Accountancy

4 answers

Priyanshu Patidar 1 year, 4 months ago

1.Bank AC Dr To equity share holder a/c 2.equity share holder a/c Dr To equity share capital a/c

0Thank You

Abhishek Jain 1 year, 6 months ago

Amt. in the second entry will also remain same as was in the first entry.

0Thank You

Abhishek Jain 1 year, 6 months ago

Cash a/. Dr. 1500000 To equity share application and allotment a/c. 1500000 Equity share application and allotment a/c. Dr. To Equity Share capital a/c

1Thank You

Ankur Gupta 1 year, 8 months ago

Shivlal

4Thank You

ANSWER

Accounts reducing chapter

Posted by Ayush Bhalavi 1 year, 9 months ago

MP Board > Class 12 > Accountancy

1 answers

Priyanshu Patidar 1 year, 4 months ago

Redemption of debenture and accounting for non profit organization and comparative statement and common size statement

0Thank You

ANSWER

Arun and Varun are partners sharing Profit and Losses in the ratio of 23 and 13. They admitted Tarun as a new partner for 1/4 share on Tarun's admission Assets and Liabilities are revalued as under - Stock which Book value was 12.000 , revalued

Posted by Aaradhy Barhane 1 year, 9 months ago

MP Board > Class 12 > Accountancy

0 answers

ANSWER

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Posted by Sahil Soni 1 year, 9 months ago

MP Board > Class 12 > Accountancy