Is entry made for split of accounts

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Daya

Daya (Querist)
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21 May 2023 whats is entry made in books of accounts of split of shares in books of share purchaser.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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22 May 2023 No entry in the books of accounts required as no money transaction involved.
Only the face value and number of shares held to be modified.

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Is entry made for split of accounts

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