Limited Company Formats (AS Level Only): Ordinary Share Capital Account Format (Copy)
Ordinary Share Capital Account Format
Standard Ordinary Share Capital Account Layout (Exam-Preferred)
Ordinary Share Capital Account
| Debit (Dr) | Amount | Credit (Cr) | Amount |
|---|---|---|---|
| Balance b/d | xxxx | ||
| Issue Of Ordinary Shares | xxxx | ||
| Balance c/d | xxxx | ||
| Balance b/d | xxxx |
- Shows Issued Ordinary Share Capital Only
- Par / Nominal Value Used
- No Market Value Ever Used
Written And Compiled By Sir Hunain Zia (AYLOTI), World Record Holder With 154 Total A Grades, 7 Distinctions And 11 World Records For Educate A Change AS Level Accounting Full Scale Course
Ordinary Share Capital Account With Issue During The Year
Ordinary Share Capital Account
| Debit (Dr) | Amount | Credit (Cr) | Amount |
|---|---|---|---|
| Balance b/d | xxxx | ||
| Issue Of Ordinary Shares | xxxx | ||
| Balance c/d | xxxx | ||
| Balance b/d | xxxx |
- New Issue Credited
- Balance c/d Represents Total Issued Share Capital
Ordinary Share Capital Account Without Date Column (Accepted)
Ordinary Share Capital Account
| Debit (Dr) | Amount | Credit (Cr) | Amount |
|---|---|---|---|
| Balance b/d | xxxx | ||
| Issue Of Ordinary Shares | xxxx | ||
| Balance c/d | xxxx | ||
| Balance b/d | xxxx |
- Used When Dates Are Not Provided
- Clear Labelling Mandatory
Written And Compiled By Sir Hunain Zia (AYLOTI), World Record Holder With 154 Total A Grades, 7 Distinctions And 11 World Records For Educate A Change AS Level Accounting Full Scale Course
Ordinary Share Capital Issued At Par (Format Awareness)
- Ordinary Share Capital Credited At Nominal Value
- Example Label:
- “Issue Of 100,000 Ordinary Shares Of $1 Each”
Ordinary Share Capital Issued At Premium (Format Awareness)
Ordinary Share Capital Account
| Debit (Dr) | Amount | Credit (Cr) | Amount |
|---|---|---|---|
| Issue Of Ordinary Shares (Nominal Value Only) | xxxx | ||
| Balance c/d | xxxx | ||
| Balance b/d | xxxx |
- Premium Not Included Here
- Premium Credited To Share Premium Account Separately
Written And Compiled By Sir Hunain Zia (AYLOTI), World Record Holder With 154 Total A Grades, 7 Distinctions And 11 World Records For Educate A Change AS Level Accounting Full Scale Course
Items Recorded In Ordinary Share Capital Account
- Opening Share Capital
- Issue Of Ordinary Shares At Nominal Value
Items Never Recorded In Ordinary Share Capital Account
- Share Premium
- Dividends
- Profit Or Loss
- Issue Expenses
Written And Compiled By Sir Hunain Zia (AYLOTI), World Record Holder With 154 Total A Grades, 7 Distinctions And 11 World Records For Educate A Change AS Level Accounting Full Scale Course
Presentation Rules For Ordinary Share Capital Account (Exam Scoring)
- Clearly Label “Ordinary Share Capital Account”
- Use Nominal Value Only
- Balance b/d And Balance c/d Must Be Shown
- No Debit Entries Normally Appear
Common Labels Used In Ordinary Share Capital Account
- Ordinary Share Capital
- Issue Of Ordinary Shares
- Balance b/d
- Balance c/d
Compact Ordinary Share Capital Account Template (Emergency)
Ordinary Share Capital
Balance b/d xxxx
Issue Of Shares xxxx
Balance c/d xxxx
One-Glance Exam Template
Ordinary Share Capital
Credit Nominal Value
Ignore Market Price