Login / Signup

Question

Which of the following statements is true with regard to declaring and issuing of Bonus Shares?

A Assets are transferred from the company to the shareholders.

B A Bonus issue results in decrease in reserves and surplus.

C A Bonus issue is same as declaration of dividends.

D A Bonus issue affects cash and bank balances.

Practice Next

More Accounts Questions

Factoring is best described as:
As per AS 16, borrowing costs that are directly attributable to the acquisition, construction, or production of a qualifying asset should be:
In ratio analysis, DuPont identity decomposes ROE into:
The GST on used car sales is ____ as per the 55th GST council meeting decisions taken in December 2024.
Business applications classified as "Custom-built" are:
Which of the following best describes the interest on government bonds?
A company’s normal tax liability is ₹50 lakh, but MAT under Sec 115JB is ₹58 lakh. If MAT credit is allowed, how much can be carried forward, and for how m...
EBIT = ₹5,00,000; Interest = ₹50,000; Preference dividend = ₹25,000; Tax = 30%. Compute Financial Leverage.
What is the primary function of the Securities and Exchange Board of India (SEBI)?
What is the primary objective of capital budgeting?

Hey! Ask a query

ask-question