Share issue
Poodle
Registered Posts: 711 Epic contributor 🐘
Hi,
A company with authorised share capital of 1000 ordinary shares with 100 ord £1 issued to the sole director.
In the year a further 10 from the authorised capital were issed to a relative by the director with no consideration being exchanged.
The director is prepared to pay for the additional issue, to bring into the books of the Ltd company is it as simple as DR - directors loan £10 cr OSC £10?
Poodle
A company with authorised share capital of 1000 ordinary shares with 100 ord £1 issued to the sole director.
In the year a further 10 from the authorised capital were issed to a relative by the director with no consideration being exchanged.
The director is prepared to pay for the additional issue, to bring into the books of the Ltd company is it as simple as DR - directors loan £10 cr OSC £10?
Poodle
0
Comments
-
Can't see why not!
Claudia0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 328 NEW! Qualifications 2022
- 161 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 57 AAT Level 3 Diploma in Accounting
- 95 AAT Level 4 Diploma in Professional Accounting
- 8.9K For accounting professionals
- 23 coronavirus (Covid-19)
- 273 VAT
- 92 Software
- 275 Tax
- 138 Bookkeeping
- 7.2K General accounting discussion
- 203 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 583 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership