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Shares issued for cash increase assets?
Yes share issue increase current assets as we received cash against share issuance and the general entry is: [Debit] Cash xxxxx [Credit] Share Capital xxxx
What is the share premium?
When shares are issued at price which is more than face value then issuance of shares is called issued at premium and that excess amount above face value is called share premium.
How you treat decrease in share premium in cash flow statement?
Decrease in share premium account is shown under 'Cash flow from financing' activities as this is related with issuance and buy back of shares
Is share is a asset or liability?
Share is a liability for business because due to issuance of shares company acquire more cash to run it's business and that amount is refundable by business to it's owners.
My corporation issue 2000 shares of no-par common stock at a cash price of 9.00 per share how do you journalize the issuance of the share?
Debit "Cash" for $18,000 and credit "Equity - Common Stock" for $18,000.
What is the opposite of issuance?
In law we say 'non-issuance'
What is the journal entry for a stock issue?
Issuing Par Value Common Stock for Cash (assume par value is $1) dr. Cash $1.00 cr. Common Stock $1.00 to record issuance of 1 share of $1 par common stock if sold for more than par value (Assuming $5) dr. Cash $5 cr. Common Stock $1 Paid-in Capital in excess of par $4 to record issuance of 1 share of common stock in excess of par.
What is shares premium?
When shares are issued at price which is more than face value then issuance of shares is called issued at premium and that excess amount above face value is called share premium.
Issued 300 shares of common stock to the promoter for assistance with issuance of common stock the promotional fee was 1800 pass the journal entry?
debit cashdebit promotional feecredit share capital
Are proceeds from debt issuance cash inflow or cash outflow?
Are proceeds from debt issuance cash inflow or cash outflo
What led to issuance of emancipation proclamation?
you
When will groupon stock be available?
Before noon on 04 November 2011. Posted IPO valuation @ ~5% public float of $700 million valuing company at over $13 billion. Stock issuance @ $20/share.
