Tag Archives | Issue

Journal Entries on Issue of Shares

In this article we will discuss about the Journal Entries on Issue of Shares for Consideration Other than Cash. A company may issue shares for consideration other than cash. It may, for example, purchase some fixed assets for which it may make payment in the form of shares. Or it may take over a running business and the consideration for [...]

By Vinita B|2016-06-28T10:12:43+00:00June 28, 2016|Issue of Shares|Comments Off

Issue of Shares by a Company

The following points highlight the five main steps for the issue of shares by a company. The steps are: 1. Issue of Prospectus 2. Use of Application Moneys 3. Pro Rata Allotment 4. Calls in Advance 5. Calls in Arrear 6. Balance Sheet. Step # 1. Issue of Prospectus: To collect capital from the public, a public company issues a [...]

By Vinita B|2016-06-28T10:12:43+00:00June 28, 2016|Issue of Shares|Comments Off

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