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Briwalsh's avatar
4 years ago

Endeavour Group Shares - journal entries

I received 370 Endeavour group shares into my company as a result of a demerger from Woolworths.

Can anyone tell me what journal entries I need to enter to account for this transaction?

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  • Hi Briwalsh 

     

    Thanks for your post. This would be something that I would be speaking to the accountant/your accounting advisor about as it would be outside of the scope of MYOB support. We would be able to assist with entering the transaction with your company file i.e. once you know what accounts, tax codes, and amounts involved in the transaction.

    However, in saying that, some members of the MYOB Community may be able to provide some guidance on this situation. I do hope they share their experiences with that.