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What are the accounting entries for free shares?
You would make the journal entry the same way you would make it if they were not free shares. You would use the estimated or known value of the free shares to make the entry.
What are the accounting journal entries to record the exchange of debt for common stock?
Debit the liability (debt) account and credit Common Stock (for the par value of the shares) and Additional Paid in Capital (for the balance).
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 are the difference of journal entry method and memorandum method in share capital?
The journal entry method records transactions directly in the accounting books using standard debit and credit entries, reflecting the immediate impact on the financial statements. In contrast, the memorandum method involves maintaining a separate record or memorandum for share capital transactions, which may not be immediately recorded in the main accounting system. The memorandum method is often used for informational purposes or for tracking unissued shares, while the journal entry method provides a more formal and immediate accounting treatment. Ultimately, the choice between the two methods depends on the company's accounting policies and the level of detail required.
1000 Shares are reissued rs 10. at 2 percent discount .give journal entries?
Debit cash / bank 9800debit discount allowed 200Credit share capital 10000
100000 shares have par value 5 they are issued for 25 on march1 2005 journal entries?
[Debit] Cash / bank 2500000 Credit Share capital 500000 Credit Share premium 2000000
How do you prepare a journal entry for purches of shares?
Debit shares in companyCredit cash /bank
What do you need to study to know stock markets?
Buying shares is becoming part ownership of the company . To understand the financial performance of company one needs to know Accounting.
What is the journal entry of issue of shares?
Debit Cash / bankCredit Shares in share capital of business
How would you make a journal entry for a repurchased shares in a journal?
Debit treasury stockCredit cash / bank
What is weighted average number of shares in accounting terms?
Weighted average number of shares = shares outstanding at start of year + shares at end of year / 2
What is the accounting entry for booking pledged shares of a company in exchange for a loan?
The bookkeeping entry is just a loan entry: Debit Cash and Credit Loan Payable. The shares are simply used as collateral or security on the loan. This pledge would be disclosed in a footnote to the financial statement.
