Not your question?
Ask your question
View similar questions
Add your answer here.Check out some similar questions!
Issuing of shares
[ 2 Answers ]
If a new corporation was to sell shares, how exactly is this recorded in the books. I would assume you would Dr. the cash account and maybe Cr. The stock account?
Corporate shares among business partners
[ 13 Answers ]
Good morning, Myself and a friend started a business aand incorporated (c corp) in 2007. About 6 months into it we needed to borrow money and did so from my grandma. One of her stipulations was that I own 81% of the corporation. So he and I signed and stamped the shares issuing 19 to him and 81...
Issuing new shares, to purchase assets that increase the value of all of the shares,
[ 2 Answers ]
As an example ABC ltd, has assets of $500,000 and liabilities of $500,000, with a turnover of $100,000 and a profit of $10,000, retained earning of negative $20,000. ABC Ltd was set up with only one share and it is held by the single share holder. Then ABC Ltd (under the direction of the... View more questions Search
|