How to record share deposit

Support
1

Hello,

I have made a transfer to the company account of £40 to account for 4 shares of £10 each. This is a new company and new account.

Can someone help me identify how to tag the £40 as share capital.

Regards
Bobby

2

Hello Bobby

You may find the below links useful

https://support.quickfile.co.uk/t/setting-up-your-management-information/35873#share_capital

https://support.quickfile.co.uk/t/limited-company-bookkeeping-the-basics/8809#recording_an_initial_share_capital

3

thanks QFSteve for the quick response

4

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