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Hallo,
If a shareholder buys an off the shelf company for 1000 euro, then backs into this company some assets due to an agreement with a previous company, how does one account for the opening balances?
I assume it must take the existing companies balance sheet items as its own , but the shelf company only had 1dollar as capital, so I assume it will be 1000 euro Share Capital and 1000 euro Payable
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