Question

Company can issue bonus share out of source of
(A) Capital
(B) Reverse capital
(C) Capital reserve
(D) None of above​

Answer 1

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The source out of which Bonus Shares shall be issued

The company shall issue fully paid Bonus Shares out of any one of the following source: Free reserves of the company. The securities premium account. The capital redemption reserve account.

Answer 2

Answer:

The answer of Company can issue bonus share out of source of capital