Accounting for bonus issue general entries
MPR Sanjay Kumar (3106 Points)
02 August 2022capital redemption reserve a/c Dr
securities premium accounta/c Dr
General reserve a/c Dr
To bonus to shareholders a/c
Bonus to shareholders a/c Dr
To equity share capital a/c
General reserve a/c Dr
P& L a/c Dr
To bonus to shareholders a/c
share final call a/c Dr
To share capital a/c
Bonus to shareholders a/c Dr
To share final call a/c
please explain this journal entries