Accounting




Not signed in (Sign In)

Categories



Welcome, Guest

Want to take part in these discussions? If you have an account, sign in now.

If you don't have an account, apply for one now.

Vanilla 1.1.2 is a product of Lussumo. More Information: Documentation, Community Support.







General Accounting Discussions: please help on shareholders' journal entries

Bottom of Page

1 to 1 of 1

  1.  
    • CommentAuthorfizzy77
    • CommentTimeSep 29th 2007
     
    Our company was started from shared investments of 500,000- each which is a total of 1M capital. Now after a year, the other director wants to resign... How do I journalise this kind of transaction, if the resigning director is willing to get all necessary fees deducted from his share (for one year)... can you pro-rata this sort of thing - being an investor for one-year calculation? can someone enlighten me on this kind of transaction please?
    Thankful People: narayanswamy

1 to 1 of 1

  1.