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Accounting Entry on the date of incorporation

 
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Accounting Entry on the date of incorporation
ahmar50pk
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#1
05-26-2009, 02:53 PM
when subscriber of the memorandum taken up shares what is the accounting entry which will be made as on the date of incorporation and what is its background
irfan kazim
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#2
05-26-2009, 08:45 PM
first entry will be as subcribe a/c
share capital
2nd entry will be as cash a/c
subcribe a/c
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