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

Can I have an example of a sentence using conjunctive adverbs (comma rule) and another sentence with an example of commas with descriptive adjectives.
Andre bought a stamp to mail a letter that costs 46 cents. He also mailed a package that costs 5 times as much as a stamp. How much did it cost to mail the pack
What is the sum of (1.3 × 10-7) and (-3.8 × 10-3)? A. 2.5 × 10-10 B. -2.5 × 10-4 C. 3.8 × 10-3 D. -3.8 × 10-3
Categorize the new behavior of recently converted Britons
determine whether 2/15 is closest to 0,1/2 or 1
Alcohol does each of the following EXCEPT a. slow reflexes. c. impair judgment. b. stimulate heart rate. d. disrupt coordination.
40% of what number is 5
What is the answer to this square is to plane as cube is to what
how do you solve (3.2×(6.1×6.3)) -2.8 with PEMDAS
Help this is my math hw and i dont know how to do this D: look at the screenshot and its 18-20