accounting entry of bonus shares

This query is : Resolved 

11 June 2008 what would be the accounting treatment of bonus shares alloted to sharesholder company

11 June 2008 P&L A/c / Reserve A/c etc. debit

Share capital credit

11 June 2008 but for which amount... we have not paid any amt.. the shares are alloted as bonus shares


11 June 2008 Bonus issue, like other issue, can be at par/discount/premium. At what ever the amt the bonus shares have ben allotted.

There is restriction in answering question at expert section. Why not put the query at the forum section. It will elicit more and timely response.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries