Accounting of Bonus Shares Received
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 July 2010
Dear Sir,
I am holding share of R com 500 nos. cost of Rs. 250000.00 Now suppose i receive bonus shares of 5:1 what will be the accouting treatment of bonus shares. Can I Show it as capital introduced and respective increase in the value of investment. Please Explain
Regards and Thanks
I am holding share of R com 500 nos. cost of Rs. 250000.00 Now suppose i receive bonus shares of 5:1 what will be the accouting treatment of bonus shares. Can I Show it as capital introduced and respective increase in the value of investment. Please Explain
Regards and Thanks
21 July 2010
The cost of bonus shares are nil. You have to show the no of bonus shares seperately in the investment schedule and the valuse would be nil.
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