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
In whose books of accounts you want entries for? Company or yours?
O P Bagla & Co LLP
New Delhi
CA Inter
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A R JADHAV AND ASSOCIATES
Mumbai
CA Inter
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VIKAS VERMA & CO
New Delhi
Others
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CAclubindia
