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While calculating Capital reserve , why bonus share of 60% added again , because (60% of 4880 ) include bonus too

Prethivi Rajan

CA Final

★ 9K+

09-Nov-23 11:26

300

Answers (2)

Capital reserve or cost of control= 👉 Cost of investment 3000 Less: equity share capital 4800*60% = 2880 Capital profit. = 1080 Dividend adjustment. =360 Capital reserve =1320✔️ Bonus is included in 4800 shares. Hence do not add again.

Jitendra Kumar

CA Final

★ 41K+

09-Nov-23 11:51

Jitendra Kumar

Capital reserve or cost of control= 👉 Cost of investment 3000 Less: equity share capital 4800*60% = 2880 Capital profit. = 1080 Dividend adjustment. =360 Capital reserve =1320✔️ Bonus is included in 4800 shares. Hence do not add again.

Thank you 💫

Thread Starter

Prethivi Rajan

CA Final

★ 9K+

09-Nov-23 11:59

IndigoLearn

Consolidation

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