Professional Documents
Culture Documents
Distributable Shares
Total Share Dividends Distributable
Par or SV
Sold Shares
Total Sold Ordinary Shares
Par or SV
Donated Shares
No Available Fair Value
MEMORANDUM ENTRY
Reissuance of Donated Shares
Cash xx
Donated Capital xx
with a GAIN
Ordinary Shares xx
Share Premium xx
Share Premium Treasury Shares xx
Treasury Shares @ acq cost xx
with a LOSS (Exhaust the SHARE PREMIUM- TS first before debiting Retained Earnings)
Ordinary Shares xx
Share Premium xx
Share Premium Treasury Shares (exhaust) xx
Retained Earnings xx
Treasury Shares @ acq cost xx
*Equity Identified with Preference Shares includes LIQUIDATION VALUE and DIVIDENDS IN ARREARS
Share Split
Memorandum entry only
Illustrative Example:
SUMMARY:
Effected a First digit-for-Second Digit Share Split