引用:
原帖由 pigone 於 2008-4-25 12:13 AM 發表
If $30000 is paid by Company A to the vendor on behalf of company B.
the entry :
under Company A
Dr Holding co.- B 30000
Cr. Bank 30000
under Company B
Dr. investment in subsidiaries 30000
Cr. due to subsidiaries co. 30000
is it right???
May I reconfirm of it?? thanks again. .
No, your assumptions are all wrong.
1. There is no entry required in Company A, as a new shareholder (Company B) buys all the shares in Company A from the existing shareholder. This is a transaction between the shareholders and has nothing to do with Company A itself.
2. Company pays $30,000 to buy all the shares in Company A from the existing shareholders. They don't owe anything to the subsidiary.
T4, Dr. Investment in Subsidiaries $30,000
Cr. Cash $30,000