Hello!Happy New Year to everyone.I have a client who has bought some share from other Limited company. Can some one please advise me where this transaction going into the books? I think this would be going somewhere as a fixed assets but I'm not sure. Any help would be greatfull.
Hello,In terms of the purchase of shares what do you mean by " my client ". The shares are they equity shares?Tim
Timmsaid:
“Hello,In terms of the purchase of shares what do you mean by " my client ". The shares are they equity shares?Tim ”
Hi, Maybe you should talk with the ICB and make sure you are licenced to work for a Limited Company. In any event the share issue is a matter for the company's financial director or their accountants.Best RegardsTim
