Question

    Bonus issue is also known

    as
    A Scrip issue Correct Answer Incorrect Answer
    B Capitalisation issue Correct Answer Incorrect Answer
    C Both (a) and (b) Correct Answer Incorrect Answer
    D None of the above Correct Answer Incorrect Answer

    Solution

    Explanation: Bonus issue is also referred to as a Scrip Issue or Capitalisation Issue , where the company issues free shares to existing shareholders out of its reserves.

    Practice Next
    More Accounts Questions

    Relevant for Exams:

    ask-question