On 31 st March 2008, Rahim Ltd. passed resolution to sub-divide 50,000 equity shares of 100 each

Question:

On 31st March 2008, Rahim Ltd. passed resolution to sub-divide 50,000 equity shares of ₹100 each into shares of ₹50 each. Show the necessary journal entries to give effect to the above resolution.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Corporate Accounting

ISBN: 9789353160739

1st Edition

Authors: Anita Raman, P. Radhika

Question Posted: