16 May 2018
Per se, since there is no change in the Capital, no Journal Entries is required in Books of Accounts. Only the Shareholding pattern has changed.
16 May 2018
but the left shareholder sold his shares & separately bill raised mentioned the below particulars: "being the bill raised for the transfer of 3500 equity shares of rs.10 each of xyz pvt. ltd. vide distinction no. xxx, certificate no. xxx @ rs. 10/- each" Total: Thirty Five Thousand Only despite, should i not required accounting entry? or only will change share pattern?
CAclubindia
