Question

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

A A Bonus issue results in decrease in networth of the company
B A Bonus issue results in decrease in reserves and surplus
C A Bonus issue is expenses through the profit and loss statement of the company.
D A Bonus issue results in devaluation of the company.
E Through Bonus issue the assets are transferred from the company to the shareholders
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