- This topic has 0 replies, 1 voice, and was last updated 11 years ago by
.
Viewing 1 post (of 1 total)
-
Posts
-
Hello people,
This is just a general question.
I am working on a set of accounts at the moment and there has been a debit figure on the balance sheet for share premium since pre 2005 year end, constantly b/f & c/f. (i.e. for at least 10 years!)It was my understanding that the share premium account cannot be a debit.
Unfortunatly I dont have records going back further than 2005 so I cant follow it through.It isnt a material figure Im talking about, but Im just curious as to how it arose. I thought Share Premium accounts could only be a credit??
Any ideas?
Viewing 1 post (of 1 total)
- You must be logged in to reply to this topic.