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Bonus issue is classified under which head?
bonus issue received by shareholder is classified under which head in the books of shareholder?
Replies (6)
Quick Summary
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.
In the books of shareholders,
Since it is received without consideration there will be no entry
Only the number of shares will be increased.
If the shareholder is a investment company, then a disclosure is required.
Since it is received without consideration there will be no entry
Only the number of shares will be increased.
If the shareholder is a investment company, then a disclosure is required.
Bonus will come under which head?
There will be no accounting entry.
Only number of shares will get increased.
Only number of shares will get increased.
Shareholders capital
Thank you so much
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