This discussion explains how to handle bonus shares received by a Limited Liability Partnership (LLP). Bonus shares are typically valued at zero and therefore do not impact the balance sheet or capital account. If you maintain a stock register, these shares should be added at a zero value.
03 August 2023
Bonus shares are valued at zero price, hence are not accounted in BS or capital account. In case you are maintaining stock register, add these stocks at zero price.