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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/cDrCr
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