Question

15: A firm has paid dividend as bonus shares and every shareholder got a bonus share of one for each share held. the total number of shares of the company were 10 lakhs and the payment
of bonus share is also 10 lakh shares of Rs. 10 each; what is the cash outflow and which
activity is it presented?​

Answer 1

Answer:

Dividend paid on 1 share= 10/-

Total number of share = 10 lakhs.

Cash outflow will be = 1 crore .

I think this will help u .