Accountancy, asked by eliasahmed7869, 1 month ago

Discuss the produre of use of bonus share.state the entire to be made in the books in this regards

Answers

Answered by akkibhanu49

Answer:

Procedure for Bonus issue of shares- Companies Act 2013

Bonus shares are additional shares given to the current shareholders without any additional cost, based upon the number of shares that a shareholder owns. These are company's accumulated earnings which are not given out in the form of dividends, but are converted into free shares.

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