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Shares on a balance sheet

  • 22-09-2009 9:52am
    #1
    sorifin
    Closed Accounts Posts: 7 ✭


    I am working on my husbands returns (still) for the cro. It's a limited company and we have €100 in shares between us. How do I reflect this on the balance sheet. I think we may have had to deposit €100 into the bank for these shares but didn't and if we don't reflect them on the balance sheet on our returns I'm sure the accounts will be rejected. So can anyone tell me what they are called on the balance sheet and what the double entry is?

    Many thanks.


Comments

  • #2
    jnh
    Registered Users, Registered Users 2 Posts: 31 ✭jnh


    cash on hand €100
    share capital €100


  • #3
    sorifin
    Closed Accounts Posts: 7 ✭sorifin


    Cheers,

    Many thanks, I'll put them in now..


  • #4
    noeleenred
    Registered Users, Registered Users 2 Posts: 152 ✭✭noeleenred


    Or

    Dr Debtors €100 (the company is owed this money)
    Cr Shares €100


  • #5
    pepp
    Registered Users, Registered Users 2 Posts: 156 ✭✭pepp


    are you both directors cause you prob shold Dr directors current accounts for this cause you owe it to the company


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