Tag Archives | Accounting Entries

Accounting Entries Types: 4 Main Types of Accounting Entries | Financial Accounting

The following points highlight the four main types of accounting. The types are:- 1. Adjusting Entries 2. Transfer Entries 3. Closing Entries 4. Opening Entries. Types # 1. Adjusting Entries: It is a normal practice to make entries in the accounting records on cash basis (revenues and expenses actually received and paid). However, there is a need to formulate accounting [...]

By |2018-08-01T10:47:23+00:00August 1, 2018|Accounting Entries|Comments Off on Accounting Entries Types: 4 Main Types of Accounting Entries | Financial Accounting

Accounting Entries for Issue of Shares at Premium | India | Company

In this article we will discuss about the accounting entries for the issue of shares at premium, explained with the help of an illustration.  A company likely to be very successful and enjoying a good reputation, asks intending shareholders to pay, on each share, a sum higher than the face value. In other words, when shares are issued at a [...]

By |2017-02-06T20:59:01+00:00February 6, 2017|Shares|Comments Off on Accounting Entries for Issue of Shares at Premium | India | Company

Accounting Entries for Buy-Back of Shares | India | Company

In this article we will discuss about the accounting entries for buy-back of shares. Buy-back of shares is just the opposite of issue of shares. Just as shares may be issued at par, at a premium or a discount, even buy-back may be at par, at a premium or at a discount. The basis of accounting for buy-back is Section [...]

By |2017-02-06T20:59:00+00:00February 6, 2017|Buy Back of Shares|Comments Off on Accounting Entries for Buy-Back of Shares | India | Company
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