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Accounting entry

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(Querist)
29 July 2011 Plz, advise for the following accounting entry...
If existing Shares call UNPAID and Co. declared BONUS Issue.so It will first Set off Against Unpaid calls and then as bonus form of dividend ..Then what will be entry in an Individual's Books of Account??
Thank you..
hv a nice day
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CS VENKATARAMANAN S

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CS VENKATARAMANAN S (Expert)
29 July 2011 Dear friend,

According to the Companies Act, no bonus shares are issued until all the unpaid calls are paid up.

regards,
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krishna Patel

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krishna Patel (Querist)
29 July 2011 ohhh....
thats true sir.....
thank u..
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