Accounting


Accounting Forum

AccountingCoach.com is the world's largest free online accounting course.


Not signed in (Sign In)

Categories

Vanilla 1.1.7 is a product of Lussumo. More Information: Documentation, Community Support.

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.

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.  



 

Why AccountingCoach.com?

the accounting coach

AccountingCoach.com is designed to help people without an accounting background easily understand accounting concepts at no cost.


By investing thousands of hours, we have created clear and concise accounting information for both business people and students of all ages.


We understand how difficult accounting can be. That's why we have ensured that each accounting topic includes a clear explanation, reinforcing drills, Q&A, puzzles, dictionary of terms, etc.


Read 1,440 Visitor Testimonials



What's on AccountingCoach.com?