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Double Entry of Share issue price less than nominal valuue

This topic has 1 reply, 2 voices, and was last updated 8 years ago by John Moffat.

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August 24, 2016 at 5:12 am #334817
hninnwe
Participant
- Topics: 1
- Replies: 2
Cash Dr
Share premium Dr
Share Cr
Is it correct ?
August 24, 2016 at 7:02 am #334851
John Moffat
Keymaster
- Topics: 57
- Replies: 54479
It is not allowed to issue at a price less than nominal value!
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