Limited company accounts - Journal entries question

holiday

There are 2 Shareholders of a Limited company and one of the Shareholders has sold all of their shares to the other Shareholder.
There is a 2 year payment schedule for the sale, what are the accounting entries to make the payments.

MarieNoelle

From the limited information you give it seems that an individual has sold his/her shares to another individual. How are the company's accounts affected?

burg

Agree. It appears as though this was a personal transaction that doesn't affect the company accounts. Some minutes need drawing up and the Companies House records updating when the next confirmation statement is done.