Kapoor Ltd. with subscribed capital of ₹ 7,50,000 consisting of 75,000 Equity shares of ₹ 10 each; called up capital ₹ 7.50 per share. A bonus of ₹ 1,87,500 declared out of General Reserve to be applied in making the exi

Kapoor Ltd. Journal Entries S. No. Particulars Dr. (in ₹) Cr. (in ₹) 1 General Reserve A/c Dr. To Bonus to shareholders A/c (For making provision of bonus issue) 1,87,500 1,87,500 2 Share final call A/c Dr. To Equity share capital A/c (For final calls of ₹ 2.50 per share on 75,000 equity shares due) 1,87,500 1,87,500 3 Bonus to shareholders A/c Dr. To Share final call A/c (For bonus money applied for call) 1,87,500 1,87,500