Shares Capital

This topic contains 1 reply, has 2 voices, and was last updated by Avatar of soidahmad soidahmad 1 year, 5 months ago. This post has been viewed 17 times

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author

  • avatar
    • Topics: 1
    • Replies: 0

    A parent company has 2 subsidiary. Subs 1 and subs 2. What is the double entries to record the transfer of shares from subs 1 to subs 2 in each of the subsidiary account. The recording of the shares is at book value or market value? Enlighten pls anyone..

    Avatar of soidahmad
    • Topics: 0
    • Replies: 11

    Is it a share to share exchange or share to cash exchange..if share to cash then nominal value in share capital rest in the premium. if share for share exchange i have no idea right now;-) but i guess record the market value of respective shares in capital and premium

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.