A private company issued 10000 common shares when it set up. The face value is $10. No body collected the funds. If so, how to record the share capital, credit common share, debit what?
Any ideas?
A private company issued 10000 common shares when it set up. The face value is $10. No body collected the funds. If so, how to record the share capital, credit common share, debit what?
Any ideas?
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