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  • Oct 13, 2011, 10:06 AM
    OUTSIDER2011
    Journal entries- shareholders
    The question is about a shareholder of the Company sold all his shares to an investment fund. My answer is "No entry is required" because the shares are issued before and that's just a transfer of shareholders' share to the third party and make no effect to the company? I am not that sure and would like to have some corrections. Many thanks!

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