Accountancy, asked by leovinci12345, 1 month ago

journal entry for payment to equity shareholder at the time of buybook

Answers

Answered by Anonymous
3

The following entries may be required to record buyback of shares: (a) For issue of debentures of ... To Equity Shareholders A/c. (with actual cost of buyback ... (c) For making the payment for buyback of shares: ... AMCO LTD. Journal Entries ...

Answered by nandinikumari607
2

Answer:

Premium paid on buy-back of shares should be met from the Securities Premium Account.

Explanation:

I hope this answer is help ful

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