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Public AI explainer video

Shares Payable in Installments: Journal Entry Sequence

Share ki kiston mein paisa kab due mana jayega aur kab receipt dikhega? Shulk ko kiston mein dene jaisa sochiye: pehle rakam due hoti hai, phir cash...

Prompt

Source idea used to generate this video.

(b) Shares payable in installment: Amount to be received against the share issue is received in parts as decided by the company. Transaction Accounting Entry Amount On Receipt of Application Money Bank a/c ……Dr. To Share Application a/c Amount received on application. On Allotment of Shares Share Application Money is transferred to Share Capital Account Share application Dr. To Share Capital Cr. Shares are allotted against application money. Amount Due on Allotment Share Allotment Dr. To Share capital Cr. Money due on shares allotted. On Receipt of Allotment Money Bank A/c Dr. To Share Allotment Cr. Amount received on allotment. On First Call Being Due Share Call A/c Dr. To Share Capital a/c Cr. Amount due on first call. On Receipt of First Call Bank A/c Dr. To Share Call a/c Cr. Amount received on first call.

Narration

Narration used to create this video.

Video narration

Share ki kiston mein paisa kab due mana jayega aur kab receipt dikhega? Shulk ko kiston mein dene jaisa sochiye: pehle rakam due hoti hai, phir cash milta hai. Share issue mein bhi yahi kram alag alag entries se darj hota hai. Sabse pehle application money milne par Bank A/c debit aur Share Application A/c credit hoga. Shares allot hone par yahi application amount transfer karein: Share Application A/c debit, Share Capital A/c credit. Allotment money jab due ho, Share Allotment A/c debit aur Share Capital A/c credit hoga. Paisa receive ho, to Bank debit aur Share Allotment A/c credit. First call ke due par Share Call A/c debit aur Share Capital A/c credit. Receipt par phir Bank debit aur Share Call A/c credit. Har stage ki amount company ki installment terms ke anusar hogi. Yaad rakhiye: due matlab paisa manga gaya, receipt matlab paisa aa gaya. Isliye uttar hai: transfer ya due entry pehle, aur receipt par Bank debit.