explain briefly about bonous shares
1 Answer(s)
Pallak
As it was discussed in the module bonus shares are also known as stock dividends which is paid in the form of shares of a particular stock rather than in the form of cash. so bonus shares are called in India which entails the issue of additional shares without monetary consideration i.e Funds in the reserve and surplus account get transferred to share capital account. but bonus shares do not create any extra value for the shareholders
Feb 17 2014 04:10 PM