(a)[11]
Prepare a statement of changes in equity for the year ended 28 February 2017. (A total column is not needed.)
(b)[4]
State three advantages and one disadvantage to a limited company of making a bonus issue of shares.
Accounting 9706 · AS & A Level · Preparation of financial statements
Preparation of financial statements — practice question
The excerpt below is taken from the statement of financial position of WX Limited as at 1 March 2016.