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Following are the extracts from the draft Balance Sheet of OMG Ltd.:Equity shares Capital (₹10 8,00,000 each)Securities premium 1,00,000General reserve 2,50,000Profit & loss account 1,50,000A resolution was passed declaring 3 bonus shares for 5 shares held. Use minimum securities premium balance. To issue bonus shares Securities Premium A/c will be debited by

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Following are the extracts from the draft Balance Sheet of OMG Ltd.:<br />Equity shares Capital (₹10 8,00,000 each)<br />Securities premium 1,00,000<br />General reserve 2,50,000<br />Profit & loss account 1,50,000<br />A resolution was passed declaring 3 bonus shares for 5 shares held. Use minimum securities premium balance. To issue bonus shares Securities Premium A/c will be debited by






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