shinelilly
shinelilly shinelilly
  • 01-11-2021
  • English
contestada

bonus investment lies in debit or credit side​

Respuesta :

pendergk4016
pendergk4016 pendergk4016
  • 04-11-2021

Answer:

Debit

Explanation:

If bonus shares are issued/received, entry is made on the debit side of Investment Account in Nominal column only and nothing is to be recorded in Principal Column as bonus shares have no cost. It is nothing but capitalization of Profits on Reserves.

Answer Link

Otras preguntas

You have a pitcher that hold 39.3 Oz of lemonade. If each glass holds 8 8 oz, how many glasses can you completely fill?
Round 4.267 to the nearest tenth
Which of these is most likely to help someone avoid alcohol? A. A negative role model B. Advertisements from alcohol companies C. A public service anno
A characteristics of short ballot voting is _____. A)only the names of the Presidential candidates would appear and other candidates would come on a second bal
Clinical trials for drugs include
You have a score of 700 but your credit score gets affected by having too much debt and you lose 5% of your credit score. What is your new score?
How do you fractor 6 by 100?
Show an equation and a solution. How much pure antifreeze must be added to 12 L of a 40% solution to obtain a 60% solution. (Remember that pure antifreeze is 10
Which statement can be used to prove that a given parallelogram is a rectangle?
Which years marked the heated point of the vietnam war, as welll as worldwide protests againt the conflict??