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

If a long steady rain is expected which clouds should be expected
Why must dna be able to make copies of itself?
How do you write 280.75 in expanded form
What is different about parasitism compared to the other biological relationships such as mutualism, predation, competition, and commensalism? A.) parasitic org
What is the kinetic energy of a 2,000kg boat moving at 5 meters per second?
What are three mineral resources found in Brazil? gold silver bauxite iron ore copper
Use the verb ? for information or activities that you know
who was Cristóbal Colón?
The constitutional question At the heart of US v. Nixon is Best described as
In terms of biomechanics, which circumstance leads to higher levels of stress on a person's body?