Bonus shares refers to the distribution or issue of shares in addition to the ca sh divided (known as stock divided in the u.s.a.) to existing shareholders. A bonus issue represent a recapitalization of the owners equity portion i.e. The reserves and surplus.
Bonus shares refers to the distribution or issue of shares in addition to the ca sh divided (known as stock divided in the u.s.a.) to existing shareholders. A bonus issue represent a recapit…