issue of shares consideration other than cash

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what is the accounting procedure for issue of shares consideration other than cash

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when assets are sold

 

 

 

 

 

(1) Sundry assets A/c

 

 

           To Vendors A/c

 

 

 

 

 

(2) Vendors A/c

 

 

           To Share Capital A/c

 



If you need further clarification than contact me

 

Ankur Shah (Practicing Company Secretary)

“Guru Gautam” Bungalow, Inside Parshwa Tower,

Nr. Shyamal Cross Road, 132ft. Ring Road,

Satellite, Ahmedabad – 15

Contact: + 91-9427633901

E-mail: ankurjewel @ gmail.com

Blog: csankur.blogspot.com

 

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