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Shares against Pre Registration Expenses

 
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Shares against Pre Registration Expenses
msc286
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#1
04-12-2007, 04:58 PM
As per my understanding the company can pay off the pre registration charges to its Sponsors in either of the two ways.

1. Pay in Cash

2. Issue shares against such expenses

If the company wishes to issue shares, would it be shown in the balance sheet as a normal issue (issued for Cash) of Shares Issued for Consideration other than Cash?
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Shares against Pre Registration Expenses - by msc286 - 04-12-2007, 04:58 PM
[No subject] - by kamranACA - 04-12-2007, 06:15 PM
[No subject] - by msc286 - 04-12-2007, 07:39 PM
[No subject] - by kamranACA - 04-12-2007, 08:11 PM

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