Share transfer for purchase of asset

Assuming I am 40% shareholder in a company and I am selling my property to the company for 50% cash and 50% against 10% share transfer from existing shareholders. Share transfer would make my shareholding to 50%. What will the accounting entries be?

 

Thanks in advance

Replies (2)

In whose books of accounts you want entries for? Company or yours?

Ruchi, i need to make the entries in the company i hold shares in.

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