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

Preparation of financial statements — practice question

A company paid an ordinary share dividend of $15000 during the year. In which part of the financial statements would this be shown?

  • Aas a finance cost in the income statement
  • Bas an administrative expense in the income statement
  • Cunder retained earnings in the statement of changes in equity
  • Dunder share capital in the statement of changes in equity

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