Under or Over Subscribed Share Issues - Sources of Finance

Sources of Finance

Under or Over Subscribed Share Issues

Printable Worksheet

Biz/ed plc issued 20,329 ordinary shares at par value of £10 per share. Applications were received for 34,011 shares and these are then dealt with as appropriate. Print this page out and complete the bookkeeping requirements for this share issue.

Biz/ed plc

Shares issued    
Par value per share    
Applications received for this number of shares    
 
Received in full on application and allotted immediately  
 
Bank a/c Dr Cr
Application and Allotment a/c    
Application and Allotment a/c (refunds)    
 
Application and Allotment a/c  
Bank a/c    
Ordinary Share Capital a/c    
Bank a/c    
     
 
Ordinary Share Capital a/c  
Application and Allotment a/c