Accounting for bonus issue general entries

Dear Chartered accountants,plse explain me the following journal entries.....

capital redemption reserve a/c Dr
securities premium accounta/c Dr
General reserve a/c Dr

To bonus to shareholders a/c



Bonus to shareholders a/c Dr
To equity share capital a/c


General reserve a/c Dr
P& L a/c Dr
To bonus to shareholders a/c

share final call a/c Dr
To share capital a/c

Bonus to shareholders a/c Dr
To share final call a/c

please explain this journal entries
Replies (4)
Quick Summary
This discussion explains the general journal entries required for accounting for a bonus issue. It covers the debit and credit entries for capital redemption reserve, securities premium, general reserve, and the bonus to shareholders account. The explanation also touches upon the utilisation of capital reserves for bonus issues and clarifies the role of the 'share final call' account in this context.

Accounting of bonus issue must be utilized through capital reserve.
Here what is share final call a/c???
Pls post actual figures.
Actual figures means??? I wanna just explanation

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register