3000
Ordinary Shares
Capital & Reserves
Normal balance
Credit
This records the nominal value of ordinary shares issued by the company to its shareholders. As part of share capital it normally carries a credit balance, changing only when new shares are issued or existing shares are bought back.
Other codes in Capital & Reserves
| 3010 | Preference Shares |
| 3100 | Reserves |
| 3101 | Undistributed Reserves |
| 3200 | Profit and Loss Account |