Authorised Capital 1,60,000 equity shares of Rs 10 each
Issued and Subscribed Capital 80,000 equity shares
Books of XYZ Limited Journal |
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Date |
Particulars |
L.F. |
Debit Amount Rs |
Credit Amount Rs |
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|
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Bank A/c |
Dr. |
|
8,00,000 |
|
|
To Equity Share Application A/c |
|
|
8,00,000 |
|
|
(Share application money received for 8,000 Equity Shares of Rs 10 each) |
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|
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|
|
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|
|
|
Equity Share Application A/c |
Dr. |
|
8,00,000 |
|
|
To Equity Share Capital A/c |
|
|
8,00,000 |
|
|
(Share application of 80,000 shares of Rs 10 each transferred to Equity Share Capital Accounts) |
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