(a)[8]
Prepare the statement of changes in equity for the year ended 30 September 2021.
(b)[5]
Advise the directors which option they ought to select. Justify your answer.
(c)[2]
State any two characteristics of a debenture.
Accounting 9706 · AS & A Level · Preparation of financial statements
Preparation of financial statements — practice question
At 1 October 2020, the balances below were taken from the accounting records of G Limited.