What is the source of funds for issuing Bonus shares?(1.0 Marks)Cash From New InvestorsAFree Reserves And Surplus Of The CompanyBBank LoansCGovernment Grants
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Solution 1
The source of funds for issuing Bonus shares is Free Reserves And Surplus Of The Company. This means that the company uses its accumulated earnings and profits to issue bonus shares to its existing shareholders. This is a way of rewarding shareholders without distributing cash dividends. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Kno
AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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