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Issue of Shares | Application & Allotment | Journal Entries

In this lesson, we explain the basics of the issue of shares, the difference between authorized share capital and issued share capital, and to whom the shares may be issued. We also explain and go through the steps to follow when doing journal entries for the issue of shares. We go through examples of doing journal entries for oversubscription of shares and undersubscription of shares. We show how to account for the application and allotment of shares (Ordinary shares and preference shares. We also show the journal entries for underwrites and share issue costs. Join this channel to get access to perks:    / @counttuts   Check out other straightforward examples and business-related topics on our channel. We also offer one-on-one tutorials at reasonable rates as well as other accounting and tax services. Email us and/or visit our website or FaceBook page for more info. Connect with us: Email: [email protected] Our Website: https://Counttuts.com Our Facebook Page:   / counttuts   Support our Efforts: paypal.me/counttuts