Journal entry for issue of preference share
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 August 2012
Hello sir,
plz solve my query...
Provide journal entry for issue of preference share when
a) issue at par and redemption at par,
b) issue at premium and redemption at premuim,
c) issue at par and redemption at premium
d) issue at discount and redemption at par
e) issue at discount and redemption at premium
plz solve my query...
Provide journal entry for issue of preference share when
a) issue at par and redemption at par,
b) issue at premium and redemption at premuim,
c) issue at par and redemption at premium
d) issue at discount and redemption at par
e) issue at discount and redemption at premium
20 August 2012
debit cash/bank, debit discount.... credit redeemable preference share capital. )(For shares issued at discount) For shares issued at par Debit cash/Bank crdit Redeemable preference share capital
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