Question

The following are the extracts from the Balance Sheet of A Limited as at 31st December 0: Authorised Capital: 10,000 Equity shares of Rs. 10 each Rs. F Issued and Subscribed Capital : 5,000 Equity shares of Rs. 10 Each fully paid-up 50,000 35,000 A resolution was passed to issue 1,000 bonus shares of Rs. 10 each by providing Reserve Fund 10,000 Profit & Loss Account 5,000 out of Profit & Loss Account and the balance out of Reserve Fund. Set out journal entries to give effect to the resolution and show how they would effect the nce Sheet..​

Answer 1

Answer:

Loss of ₹5000

Explanation:

answer is ₹5000