Cashflow – Bonus issueForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Cashflow – Bonus issueThis topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts August 10, 2016 at 9:02 pm #332590 CandyMemberTopics: 135Replies: 79☆☆☆Hi Mike,IF there is a bonus issue in the year – because bonus issue is ‘free shares’ – and therefore the entity will not receive any cash consideration.How do we account for this?Many thanks August 11, 2016 at 7:36 am #332651 MikeLittleKeymasterTopics: 27Replies: 23321☆☆☆☆☆Dr Share Premium account (or general reserve account or retained earnings account) Cr Share Capital account with the nominal value of the bonus shares issuedAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In