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

Va-20 when towed by a powerboat, waterskiing and other tow-sports must only take place during what hours in virginia?
How did the state governments develop after the colonies gained independence?
Could anyone answer this? Im having trouble thanks!
Which of the following should you do to create a good summary of a passage? A. copy sentences word for word B. include too much information C. include too li
Helppppppppppppppppppppp
Why do schools strongly recommend vaccinations? A. to be fair to all students B. to protect school staff C. to guarantee that students regularly visit a doctor
The slope of the line below is -4 I NEED HELP!!
What is the degree of this polynomial? 5/7y^3+5y^2+y+1
Suppose you are holding a container of gas, and the container has a fixed volume (i.e. it won't stretch or give to allow for expansion or contraction). if the g
Solve the following inequality 5X-7 > 3X+9