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Accounting for bonus issue general entries

Others 203 views 4 replies
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)
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


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