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[Debit] Assets account
[Credit] Share capital account
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∙ 9y ago
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What is financial agreement and exchange of money for shares?
a TRANSACTION
Issuing shares of stock in exchange for cash is an example of?
financing activity
Is Buying shares listed on the Australian stock exchange is a primary market transaction?
yes it is a primary market transaction
What are the journal entries for issuing 45000 shares of common stock in exchange for land and building?
debit land and building 45000credit shares in share capital 45000
What is a business enterprise that raises money by issuing shares of stocks?
A business that raises money by issuing shares of stock?
What is the journal entry to purchase asset from general reserve?
General reserves need to be converted into cash first by issuing new shares to share holders and after that cash can be used to purchase assets.
What is one major expense associated with issuing new shares of common stock?
Underpricing is one major expense associated with issuing new shares of common stock.
What is the journal entry for issuing 1000000 shares of 1 par common stock in exchange for legal services?
[Debit] Legal Services expenses 1000000 [Credit] Share capital account 1000000
What are the 2 ways in which a public limited company may finance its activities?
# By Issuing Equity Shares or # By Issuing Corporate Bonds
Is shares an assets?
Yes you own stock
Is there any disadvantages to issuing shares?
By issuing shares you have sold a piece of the company to investors. Some of the disadvantages include: you will be answerable to the investors and you will have to disclose company information to them that you would have preferred your competitors didn't know.
Would you trade shares bonds or annuities on a stock exchange?
shares
