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

Preparation of financial statements — practice question

A company sells $500000$ $1$ ordinary shares at $3$ per share and $250000$ debentures at $6\%$. By how much will the company’s net assets increase?

  • A$750000$
  • B$1250000$
  • C$1500000$
  • D$1750000$

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