India Help me for Journal Entry


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1. Paid $70/- for Incorporation Expenses
2. Paid $2895/- for Stamp Duty Charges for Authorized Share Capital
3. Paid $4 for Website Domain Registration
4. Paid $6 for Website Designing
5. Paid $2 for Logo Designing
6. Paid $5 for registering Logo as Trademark

What would be the exact way to make the Journal Entry for the Incorporation Expenses, Stamp Duty Charges and Expenses on Intangible Asset (Website and Trademark) if all the payments are made by Promoters and the company would like to issue them Equity Shares of $10/share and balance of $5 is paid to the promoter directly through bank A/c?
 
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Apr 25, 2017
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These are pre-incorporation expenses needs to be debited. This is a Balance Sheet item and should be written off to Profit and Loss Account on equitable basis over a period of time, say 5, 10 years.
 

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