If during incorporation, I have 100 common shares of 1$ each at inception, which is shown as Common Shares in S101, what is the corresponding asset i should specify ?

Hi,

This is my first corporate return and during incorporation, I have 100 common shares of 1$ each at inception, which is shown as Common Shares in S101. What is the corresponding asset i should specify ?

456

Level 1

Jan 24, 2020 8:02:57 PM

Experts on the forum kindly clarify. Thanks

Level 13

Jan 29, 2020 6:19:54 AM

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If during incorporation, I have 100 common shares of 1$ each at inception, which is shown as Common Shares in S101, what is the corresponding asset i should specify ?