Professional Documents
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SHE Intacc
SHE Intacc
SHE Intacc
2 Cash 500,000.00
Subscription Receivable 500,000.00
(2m x 25%)
3 Cash 750,000.00
Subscription Receivable 750,000.00
10,000 x 100 x 75%
4 Patent 500,000.00
Share capital 500,000.00
(100 x 5,000sh)
5 Cash 1,800,000.00
Unissued Share Capital 1,500,000.00
Share capital premium 300,000.00
(15,000sh x 120
3 Land 150,000.00
Building 850,000.00
Subscriptions Receivable 1,000,000.00
4 Cash 375,000.00
Subscriptions Receivable 375,000.00
(15,000sh X 100 x 25%
Cash 40,000.00
Subscription Receivable 40,000.00
(1,000 sh x 40
7 Cash 1,100,000.00
Subscription Receivable 1,100,000.00
(A = (12,000sh x 100) - 1,000,000 = 200,000
(B = (13,000sh x 100) - 1,000,000 = 300,00
(C = (8,000sh x 100 ) x 75% = 600,000
1 Authorized to issue 30,000 preference shares for 100 par and 100,000 ordinary shares for 50 par
2 Cash 2,400,000.00
Ordinary Share Capital 2,000,000.00
Ordinary Share Premium 400,000.00
(40,000sh x 60)
3 Cash 1,200,000.00
Preference Share Capital 1,000,000.00
Preference Share Premium 200,000.00
(10,000sh x 120
5 Cash 400,000.00
Subscription receivable 400,000.00
9 Cash 300,000.00
Subscription Receivable 300,000.00
(40% x 750000
10 Cash
Subscription Receivable 600,000.00
(1m -400k 600,000.00