Bonus issue is classified under which head?
riddhi (student) (746 Points)
10 June 2020
bonus issue received by shareholder is classified under which head in the books of shareholder?
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 10 June 2020
I think a disclosure is required.
Next, in the equity section, changes are like debit reserves account because issue is made from it and credit share capital account.
Padmanabhan
(Student)
(1321 Points)
Replied 10 June 2020
Padmanabhan
(Student)
(1321 Points)
Replied 10 June 2020
CAclubindia
