accounting entry of bonus shares


This query is : Resolved 

11 June 2008 what would be the accounting treatment of bonus shares alloted to sharesholder company

11 June 2008 P&L A/c / Reserve A/c etc. debit

Share capital credit

11 June 2008 but for which amount... we have not paid any amt.. the shares are alloted as bonus shares

11 June 2008 Bonus issue, like other issue, can be at par/discount/premium. At what ever the amt the bonus shares have ben allotted.

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