If company makes bonus issue at 2 3 then it means ndash ........

Principles of Accounting & Financial Management Bonus and Right issue

If company makes bonus issue at 2:3 then it means –

For every two shares three bonus shares will be allotted

For every three shares two bonus shares will be allotted

For every five shares three bonus shares will be allotted

For every five shares two bonus shares will be allotted

Answer:
(B) For every three shares two bonus shares will be allotted

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