The following ledger accounts indicate: Application A/C Equity Receivable A...
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The following ledger accounts indicate:
Application A/C
Date | Details | Debit | Date | Details | Credit |
| Contributed Equity | 11,000,00 |
| Trust Bank | 12,000,000 |
| Equity receivable | 1,000,000 |
|
|
|
|
| 12,000,000 |
|
| 12,000,000 |
Equity Receivable A/C
Date | Details | Debit | Date | Details | Credit |
| Contributed Equity | 20,000,000 |
| Application | 1,000,000 |
|
|
|
| Bank | 14,500,000 |
|
|
|
| Bank | 4,500,000 |
|
| 20,000,000 |
|
| 20,000,000 |
|
|
|
|
|
|
100%
0%
0%
0%
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