Problem: How
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to reduce an Issued Share Capital?
Solution: Use system options as shown.
1. To reduce Issue Shared Capital, receivedfrom an owner or shareholder, create a Cash Cash Payment or Bank Bank Payment: Money > Cash/Bank Payment.
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3. On the Payment Details tab, mention GL account and Shareholder itself:
4. The system creates this book record:
5. Trial Balance shows reduction in overall Issued Share Capital:
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