The following ledger accounts indicate: Bank A/C Contrib...
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The following ledger accounts indicate:
Bank A/C
Date
|
Details
|
Debit
|
Date
|
Details
|
Credit
|
|
Trust Bank
|
5,000,000
|
|
Balance c/d
|
19,200,000
|
|
Equity Receivable
|
8,000,000
|
|
|
|
|
Equity Receivable
|
6,200,000
|
|
|
|
|
|
19,200,000
|
|
|
19,200,000
|
Contributed Equity A/C
Date
|
Details
|
Debit
|
Date
|
Details
|
Credit
|
|
Balance c/d
|
20,000,000
|
|
Application
|
5,000,000
|
|
|
|
|
Equity Receivable
|
15,000,000
|
|
|
|
|
|
|
|
|
20,000,000
|
|
|
20,000,000
|
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