HI FRNDS I WANT 2 KNOW THAT IN TODAY'S PAPER IN BONUS ISSUE CAN WE USE CAPITAL RESERVE OF Rs 60,000 AS RESERVES FOR BONUS DISTRIBUTION.,
Menu
A/c paper
Replies (6)
hello friend...
i think it is not necessary to use C.R for bonus share...
i use general reserve 240000...
yes u can use capital reserve of 6000 since it is realised in cash..
Hey how can reserve out of exchange realized in cash u av to use sec pre 30,000 capital res 90000 gr full and 240000 p and l
On assumption dat capital reserve other than excahnge is realised in cash. Further u need to asuume dat authorized capital ia increased
Hi,
Can any one upload the accounts paper of ipcc group I. Thanks in advance
R K Krishnen
capital reserve is created for specific purpose so we cannot use it for issue of bonus... only
1 security premium
2 general reserve
3 owned funds
we can use to issue bonus...
Recent Topics :
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
- Invoice made but goods not sent
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
Related Topics :
CAclubindia
