Accounting 9706 · AS & A Level · Preparation of financial statements

Preparation of financial statements — practice question

The financial statements of a limited company include the following items: 1 bonus issue of ordinary shares, 2 debenture interest, 3 profit for the year, 4 profit on disposal of non-current assets. Which of these items would appear in the statement of changes in equity?

  • A1 and 2
  • B1 and 3
  • C2 and 3
  • D2 and 4

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