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Post Info TOPIC: Share Capital


Guru

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Share Capital
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Have been looking at some work someone else has completed and have now got to the point where I don't know which way is up!

Called up share capital not paid - a current asset or part of Capital & Reserves?


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Jenny

 

Responses are my opinion based on the information provided.  All information should be thoroughly checked before being relied on.

 



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Called up share capital ie the shares themselves are in the reserves section.

The amount received would show as a current asset if say paid into the bank but if still owing, they would be classed as a debtor also in the current assets section.

P

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Cheers smile.gif

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Jenny

 

Responses are my opinion based on the information provided.  All information should be thoroughly checked before being relied on.

 

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