What is a Fixed Asset Register?

fixed asset register

A fixed asset register is used by a business to manage fixed assets it owns. A fixed asset is an item a business buys to generate income. An example of a fixed asset is a van used for deliveries or computers use by a consultancy business. The amount and value of fixed assets varies from business … Read more

Double Entry for Share Capital

Double Entry Share Capital

The double entry for share capital depends on whether the shares are paid or unpaid. Double Entry for Unpaid Share Capital Dr Other debtors (or Directors Loan account) Cr Share capital Double Entry for Paid Share Capital Dr Bank Cr Share capital

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