journal entry for payment to equity shareholder at the time of buybook
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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 ...
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Premium paid on buy-back of shares should be met from the Securities Premium Account.
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