What is the accounting treatment in the hands of reciever
of bonus share or share recived due to demerger or share
split.
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Answer / nrusingh panda
equity shares--------dr
bonus equity share-- cr
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If one person has been paid excess salary in particular month. In next month we want to deduct the excess given in last month what will be the entry, Assume: excess given 2227 This month details : Gross 20058, PF 780, PT 200, and net must be 16851 all effective figures must consider in entry
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