Reduction of share Capital
This query is : Resolved
08 August 2009
A company has reduced its share capital
and as reduced the no of shares A shareholder possessing 1900 shares were reduced to 95 shares so what will be the cost of 95 shares if the shareholder is selling that 95 shares
and as reduced the no of shares A shareholder possessing 1900 shares were reduced to 95 shares so what will be the cost of 95 shares if the shareholder is selling that 95 shares
08 August 2009
There is no need to pass any entry as there is no transaction to be recorded. Increase/decrease in value is not a transaction When the shares are sold only you can account for the profit/loss on sale of investments
08 August 2009
agree
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Query Regarding on TDS section 194H and 194J
- Fixed Deposit Claim Relinquishment by the Nominee
- NR GST NUMBER
- ITR 6 Schedule CFL and UD Issues
- FREELANCING ACCOUNTANT
- TDS RATE ON RENT PAID TO NRI
- For REQUIRE INDIVIDUAL GST
- GST Department hearing
- From 15CA for remittance by domestic travel agent by to Foreign Destination Management Company.
- GST Form ADT-02
- Query reg: Accounting standard, Indian Accounting Standard, IFRS, GAAP, Cost Audit, Frontend audit
- Transferring CA articleship from old to new scheme of education and training
- GST Refund SB005 Error
- TDS on purchase of value vouchers for employees ?
- PAYMENT TO OPEN AI AND ENVATO ELEMENT
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
