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
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Accounting and Audit
Accounting Entry on the date of incorporation
Accounting Entry on the date of incorporation
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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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