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

What does winston write about thoughtcrime in his diary.
What are the y-intercept and the horizontal asymptote of g(x) = 4x + 3? (0, 3); y = 4 (0, 4) ; y = 3 (0, 5) ; y = 4 (0, 7) ; y = 3
. Rocks containing _____ have magnetic properties. lodestar iron magnesia magnetite
x y – 10 700 – 9 567 – 8 448 – 7 343 – 6 252
8 out of 9 people in a class of 360 people are right handed, what is the percentage or right handed people and left. Then how many people out of the class of 36
Which graph matches? I'll give brainliest. and 100pts
How many people participated in the first Freedom Ride?
Which WAS NOT a problem in early American schools? Teachers were not properly prepared to educate children. Girls and members of minority groups were not allowe
what is 3.1 converted into a simplified fraction?
what do you get when you mix H2O And Co3987b2