Bonus issue

I Think... Paid up shares - 6laks Called up shares -4laks(settled by way of bonus issue) That means, 4laks share for every 6lak share held. What number of shares for every 15lak share held. 6 →4 15→?[15*4÷6=10] 10laks share for every 15laks share held

Fathima Hamtha Hussaina

CA Final

★ 12K+

07-Sep-23 23:46

Can you please explain me the second para in the question

Thread Starter

GOKULALAKSHMI PANNEER

CA Final

★ 2K+

10-Sep-23 16:54

In the 2nd para the company decides that shareholders paid only 4/- and that worth of amount be converted into fully paid bonus and whatever the called up 6/- are assumed as normal, then we find bonus element i.e; 4 shares for every 6 shares then 4:6 ratio they allotted bonus. And whatever ratio get apply on above 1.5L shares( in 2nd para from 2nd line last ) then we get no. of bonus shares held. 1,50,000×4/6 =1,00,000 bonus shares are allotted to holders. The 2nd para is saying to find the bonus element and no. of bonus shares allotted.

Renu Madhav

CA Inter

★ 16K+

12-Sep-23 09:20