Write the narration in exam only when asked in the question, otherwise just write reference of entry and proceed as there is no time to write extra. While solving redemption and other corporate accounts write the notes to accounts which u know. When bonus is declared write in the balance sheet as (above shares issued utilising divisional profit etc). See the Ideal balance sheet. U might have seen the annual report of companies and balance sheet also. Try to give the practical approach to the answer. This will fetch u marks. The institute should know that u have seen the balance sheet. Its not that u write lengthy narration. Write short and to the point. Its snot necessary that ur presentation should be in good hadwriting, but ur presentation should be right, ie u know where to write what?