Start learning →

A company with 6,00,000 shares of Rs 10 gives 1 bonus share per 2 held. Amount capitalised:

ARs 60,00,000
BRs 15,00,000
CRs 20,00,000
DRs 30,00,000
Answer & Solution
Correct answer: D. Rs 30,00,000
Bonus shares are 3,00,000 and at Rs 10 each the amount capitalised is Rs 30,00,000.
Practise this question with Quill — CA Foundation →

Keep practising Company Accounts

Browse all Company Accounts questions for CA Foundation, or explore more Accounting topics.

Start a Company Accounts lesson →
Related questions