Sources of Finance
Shares Issued and Paid For in Full on Application - At Par
Printable Worksheet
Biz/ed plc issued 25,000 ordinary shares at par for £3.75 per share. Applications were received for exactly 25,000 shares and these are then allocated and issued. Print this page out and complete the bookkeeping requirements for this share issue.
Biz/ed plc
| Shares issued | ||
| Par value per share | ||
| Received in full on application and allotted immediately | ||
| Bank a/c | Dr | Cr |
| Application and Allotment a/c | ||
| Application and Allotment a/c | ||
| Ordinary Share Capital a/c | ||
| Bank a/c | ||
| Ordinary Share Capital a/c | ||
| Application and Allotment a/c | ||