Share Capital from Goodwill

A partnership has incorporated to a limited company and goodwill has been created and split between cash (to directors loan) and share capital.

My question is; when bringing this transaction into the accounts is there a special share capital account to use, i.e. share premium? special reserve? (assuming this is not a distributable share capital reserve), or would you lump it into ordinary share capital?

 

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blok |
blok's picture

no problem.

mdoyle |

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blok |
blok's picture