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Change Amount of Authorized Shares - Resolution Form - Corporate...

Issued Shares For Cash Journal Entry In Alameda

Category:

Corporations - Minutes and Resolutions - Actions

State:

Multi-State

County:

Alameda

Control #:

US-0034-CR

Format:

Instant download

Description

Form with which a corporation may alter the amount of outstanding shares issued by the corporation.

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FAQ

The number of issued shares is recorded on a company's balance sheet as capital stock or owners' equity, while the shares outstanding (issued shares minus any shares in the treasury) are listed on the company's quarterly filings with the Securities and Exchange Commission.

In these cases, the shares should be recorded at the fair value of the asset acquired or service received. Note that this treatment is different than the treatment of non-monetary exchanges of assets, where the fair value of the asset given up is normally used as the transaction amount.

The accounting treatment of rights share is the same as that of issue of ordinary shares and the following journal entry will be made: Bank A/c To Equity shares capital A/c Dr. Bank A/c To Equity Share Capital A/c To Securities Premium A/c Dr.

Issue of Shares at Par means to issue the shares for an amount equal to the face value of shares. For example, if the face value of shares is ₹20 each and they are issued at ₹20 each, then it will be Issue of Shares at Par.

Issued Shares For Cash Journal Entry In Alameda

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