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Shares application / allotment/ bonus shares

This query is : Resolved 
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(Querist)
29 August 2012 Dear Sir,
Pls suggest us how to make entries of shares application / Allotment / holding / bonus shares in accounting

Tnks
Reshma
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CA Ayush Agarwal

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CA Ayush Agarwal (Expert)
29 August 2012 1. Bank dr. to share application account (current liability)

2. share application dr to share capital account

3. if u r holding shares then no entry.

4. final entry -
reserve & surplus/pl account dr. to share capital account

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