A company makes a bonus issue of shares. What is the effect on the net assets and
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A company makes a bonus issue of shares. What is the effect on the net assets and the reserves in the Balance Sheet?
Transcribed Image Text:
Net Assets A B C unchanged Ꭰ unchanged increase increase Reserves decrease unchanged decrease increase
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Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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