Which of the following is correct journal entry for issue of bonus shares ........

Principles of Accounting & Financial Management Bonus and Right issue

Which of the following is correct journal entry for issue of bonus shares?

Debit the equity share capital account and credit the securities premium account

Debit the bonus to shareholders account and credit the general reserve account

Debit the general reserve account and credit the equity share capital account

Debit the capital reserve account and credit the equity share capital account.

Debit the general reserve account and credit the equity share capital account

Journal entries-

General reserve A/c Dr.

To Equity share capital

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