Journal entry of Buy back of shares
This query is : Resolved
01 April 2023
Debit face value of shares buyback to share capital and balance value to reserves and surplus.
01 April 2023
SIR WHAT ENTRY TO BE PASSED WHILE PAYMENT ?
01 April 2023
Credit liability for buyback for the above debit.
At the time of payment debit buyback liability credit bank.
At the time of payment debit buyback liability credit bank.
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