[GNC] Ideas and recommendations for community project

Michael or Penny Novack stepbystepfarm at comcast.net
Tue Aug 1 08:43:22 EDT 2023



And yet, apart from that, it would already help me a lot if there was an
idea how I could promptly and internally (i.e. without all tax aspects
and legal requirements) map the (partial) payments of members and their
shares in the overall project, because the other tasks will take up
quite a bit of time, I fear.

Best regards,
Sebastian

Well I know zero about what the rules might be for Bolivia.

But with regard to shares only partially paid in I do ave a suggestion 
where for a start you might go to look.

I might have a head start here because I learned bookkeeping from my 
dads books so those were old even then. Once upon a time corporations 
used to offer shares with a PAR value and it was possible at the IPO of 
such and entity some shares were bought "below par" << the par value was 
not fully paid in >>. Those companies had to keep an accounting of that 
because THESE stockholders had a liability of the amount by which they 
bought below par. Normally when a corp goes bust, all shareholders can 
lose is what they paid for the stock. Not so for anybody who bought in 
"below par", who are on the hook for the difference. << these days 
rarely applies as stocks are issued with no or trivially low par >>

So....... look for an old accounting text which deals with this issue as 
it might give you ideas. The situation seems analogous.

Michael D Novack -



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