+- Accountancy Forum (https://www.accountancy.com.pk/forum)
+-- Forum: The Profession (https://www.accountancy.com.pk/forum/forum-the-profession)
+--- Forum: Accounting and Audit (https://www.accountancy.com.pk/forum/forum-accounting-and-audit)
+--- Thread: shares deposit money (/thread-shares-deposit-money)
shares deposit money - thehawk - 02-23-2011
Salam to all member!
I have following querries regarding deposit for shares received by an unlisted company
(1)could it be shown under statement of changes in equity?
(2)Can a owner/investor received back once deposited such money? and (3)is this refund deemed to be reduction in share capital under section 96 of the Companies Ordinance, 1984?
(4)do this company is required to show a completed detailed movement showing separately contributions and refunds or a net figure for the whole year could be shwon under this movement.