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Journal entry of Buy back of shares

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Daya (Querist)
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01 April 2023 How to Make journal entry of Buy Back of shares.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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01 April 2023 Debit face value of shares buyback to share capital and balance value to reserves and surplus.

Gokul Sharma

Gokul Sharma (Expert)
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01 April 2023 SIR WHAT ENTRY TO BE PASSED WHILE PAYMENT ?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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01 April 2023 Credit liability for buyback for the above debit.
At the time of payment debit buyback liability credit bank.

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