- Shareholders contact a broker/agents notifying of intended sale
- Share holders surrender the original share certificate to the broker/agent
- Share holder sign transfer form
- Shareholder give the price he expects for the shares
- The broker/agents verifies ownership of the share/ownership is verified
- The broker/agent gets buyer for the shares
- Shares are sold/paid for
Kavungya answered the question on April 4, 2019 at 06:09
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Creditors – 50,000
Cash – 60,000
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Drawings – 50,000
Creditors – 50,000
Cash – 60,000
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Rent – 12,000
Bank overdraft – 10,000
Debtors – 20,000
Stock (31/12/2000)-30,000
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Gross profit – 80,000
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