JOURNAL ENTRIES ON ISSUE OF BONOUS SHARES.
Автор: BRILLIANT COACHING CLASSES RANEBENNUR
Загружено: 2021-02-22
Просмотров: 919
Описание: Vijaya Co.Ltd. declared a bonus of Rs.1,00,000 out of its general reserve. This Bonus is to be utilized as follows: a) To issue 4000 equity shares of Rs.10 each as fully paid bonus shares b) To utilize the final call of Rs.2 per share on 20,000 equity shares of Rs.10 each which are partly paid-up. c) To pay Rs.20,000 in cash. Pass the necessary journal entries.
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